NEW YORK, May 11, 2016 /PRNewswire/ -- 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP