SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Bridgepoint Education, Inc. of PENDENCY OF CLASS ACTION Laws...
March 11 2015 - 9:54AM
The following statement is being issued by Levi & Korsinsky,
LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR
OTHERWISE ACQUIRED AMERICAN DEPOSITORY SHARES OF
BRIDGEPOINT EDUCATION, INC. (NYSE:BPI)
BETWEEN AUGUST 7, 2012 AND MAY 30, 2014.
YOU ARE HEREBY NOTIFIED that a securities class
action lawsuit has been commenced in the United States District
Court for the Southern District of California. If you purchased or
otherwise acquired Bridgepoint American Depository Shares between
August 7, 2012 and May 30, 2014, YOUR RIGHTS MAY BE
AFFECTED BY THIS ACTION.
To get more information, click here:
http://zlk.9nl.com/bridgepointeducation.
There is no cost or obligation to you.
The complaint alleges that the Company made false and/or
misleading statements and/or failed to disclose that: (a) the
Company had applied an improper revenue recognition methodology to
assess collectability of funds owed by students; (b) as a result,
the Company's revenues and financial results were overstated; (c)
the Company's financial statements were not prepared in accordance
with Generally Accepted Accounting Principles (GAAP); and (d) the
Company lacked adequate internal and financial controls.
If you suffered a loss in Bridgepoint you have until
April 27, 2015 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://zlk.9nl.com/bridgepointeducation.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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