INVESTOR ALERT: Investigation of DeVry Education Group Inc. Announced by Law Offices of Howard G. Smith
February 02 2016 - 10:30AM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of DeVry Education Group Inc. ("DeVry" or
the "Company") (NYSE: DV) concerning the Company and its officers’
possible violations of federal securities laws. Law Offices of
Howard G. Smith is preparing a lawsuit on behalf of injured
investors.
On Wednesday, January 27, 2016, the U.S. Federal Trade
Commission (“FTC”) filed a lawsuit against DeVry University,
accusing the company of deceiving students about the likelihood
that they would be able to find work upon graduation. The FTC has
accused DeVry of being deceitful through its claim that 90 percent
of DeVry graduates found work in their field within six months of
graduation. On this news, shares of DeVry fell approximately 20% in
mid-morning trading on January 27, 2016.
If you purchased DeVry securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160202005667/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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