BALA CYNWYD, Pa., Feb. 12, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Apollo Education
Group, Inc. ("Apollo Education" or "the Company") (Nasdaq-
APOL-News) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to a consortium of investors including The Vistria Group LLC, funds
affiliated with Apollo Global Management, and Najafi Companies
("Consortium").
Click here to learn more about the investigation
http://brodsky-smith.com/1038-apol-apollo-education-group-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Apollo Education
shareholders will receive only $9.50
in cash for each share of Apollo Education stock they own. The
investigation concerns whether the Board of Apollo Education
breached their fiduciary duties to shareholders and whether
Consortium is underpaying for the Company. The transaction may
undervalue the Company and would result in either a loss for many
Apollo Education shareholders. For example, Apollo Education stock
traded at $27.99 per share as
recently as March 24, 2015 and an
analyst has set a $10.00 per share
price target for Apollo Education stock.
If you own shares of Apollo Education and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1038-apol-apollo-education-group-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC