SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Apollo Education Group, Inc. of Class Action Lawsuit and a ...
May 05 2016 - 11:23AM
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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