SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Apollo Education Group, Inc. of Class Action Lawsuit & a Lea...
May 09 2016 - 11:05AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Apollo Education Group, Inc.
(“Apollo” or the “Company”) (Nasdaq:APOL) between June 26, 2013 and October 21,
2015.
You are hereby notified that a securities class action
has been commenced in the USDC for the District of Arizona. If you
purchased or otherwise acquired Apollo securities between June 26,
2013 and October 21, 2015, your rights may be affected by this
action. To get more information go to:
http://www.zlk.com/pslra/apollo-education.
The complaint alleges that throughout the Class Period, Apollo
reported generating billions of dollars in revenues while
concealing that a substantial portion of those revenues were being
derived through improperly aggressive recruiting tactics being
undertaken at U.S. military bases across the country that
contradicted an Executive Order signed into law on April 27, 2012.
These improperly aggressive recruiting tactics also allegedly
violated the express terms of the contractual agreements Apollo had
entered into with the U.S. Department of Defense in February 2012
and July 2014 to permit the University of Phoenix to continue
participating in the Department of Defense’s tuition assistance
programs.
If you suffered a loss in Apollo you have until May 13, 2016 to request that the Court appoint
you as lead plaintiff. Your ability to share in any recovery
doesn’t require that you serve as a lead plaintiff. To obtain
additional information, contact Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/apollo-education.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160509006042/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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