SHAREHOLDER NOTICE: Rosen Law Firm Reminds DeVry Education Group Inc. Investors of Important Deadline in Class Action- DV
May 26 2016 - 10:49AM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of DeVry Education Group Inc. securities (NYSE:DV) from
February 4, 2011 through January 27, 2016, both dates inclusive
(the “Class Period”) of the important July 12, 2016 lead plaintiff
deadline in the class action. The lawsuit seeks to recover damages
for DeVry investors under the federal securities laws.
To join the DeVry class action, go to the firm’s website at
http://rosenlegal.com/cases-825.html or call Phillip Kim, Esq. or
Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants throughout the Class Period
issued false and misleading statements to investors and/or failed
to disclose that: (1) DeVry University engaged in a multi-year
deceptive marketing and advertising campaign; (2) DeVry University
overstated its students’ ability to find employment after
graduation (3) DeVry University overstated the potential income its
students could earn after graduation; (4) DeVry overstated its
growth, revenue, and earnings potential by concealing the true
employment prospects of DeVry University graduates to investors and
potential students; and (5) as a result, defendants’ statements
about DeVry’s business, operations and prospects were materially
false and misleading and/or lacked a reasonable basis at all
relevant times. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than July
12, 2016. A lead plaintiff is a representative party acting on
behalf of other class members in directing the litigation. If you
wish to join the litigation, go to the firm’s website at
http://rosenlegal.com/cases-825.html for more information. You may
also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com. Attorney Advertising. Prior results do not
guarantee a similar outcome.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160526005963/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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