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ATGE Adtalem Global Education Inc

60.08
7.68 (14.66%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adtalem Global Education Inc NYSE:ATGE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  7.68 14.66% 60.08 61.88 56.00 56.50 1,144,803 01:00:00

Glancy Prongay & Murray Investigates Claims on Behalf of DeVry Education Group Inc. Investors

05/02/2016 5:05pm

Business Wire


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Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of DeVry Education Group Inc. ("DeVry" or the "Company") (NYSE: DV) concerning the Company and its officers’ possible violations of federal securities laws.

On Wednesday, January 27, 2016, the U.S. Federal Trade Commission (“FTC”) filed a lawsuit against DeVry University, accusing the company of deceiving students about the likelihood that they would be able to find work upon graduation. The FTC has accused DeVry of being deceitful through its claim that 90 percent of DeVry graduates found work in their field within six months of graduation. On this news, shares of DeVry fell approximately 20% in mid-morning trading on January 27, 2016.

Update: On Thursday, February 4, 2016, DeVry reported a fiscal second-quarter loss of $50.6 million, after reporting a profit in the same period a year earlier. On this news the Company’s shares fell $2.31 per share, or over 10%, during intraday trading on February 5, 2016.

If you purchased DeVry securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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