NEW YORK, Jan. 28, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of DeVry Education Group Inc. ("DeVry" or the "Company") (NYSE: DV), concerning whether the board has breached its fiduciary duties to shareholders.
On January 27, 2016, DeVry disclosed that a civil complaint has been filed against it by the Federal Trade Commission alleging that it has misled students and prospective students about the employment outcomes and earnings of DeVry University graduates. The Company is also subject to a separate action by the U.S. Department of Education alleging that it has published misleading or incorrect graduate employment statistics.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own DeVry shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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