UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of Bridgepoint Education, Inc. of Pendency of Class Action Laws...
April 24 2015 - 11:17AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired American Depositary 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, go to:
HTTP://ZLK.9NL.COM/BPI-INFOSHEET
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. 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.
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.
Levi & Korsinsky, LLPEduard Korsinsky, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 866-367-6510www.zlk.com
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