NEW YORK, June 12, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Corinthian Colleges Inc. ("Corinthian" or the "Company") (NasdaqGS: COCO). The investigation focuses on whether the Company and its executives violated federal securities laws.
On Tuesday June 11, 2013 shares of Corinthian fell $.33 or 11.83% to close at $2.46 after the company announced in a regulatory filing posted after Monday's closing bell that it had received a subpoena on June 6 from the Securities and Exchange Commission ("SEC"). The Subpoena requested that the company produce documents and communications that relate to "student information in the areas of recruitment, attendance, completion, placement," loan defaults and other things. The Company also disclosed that the SEC requested documents tied to compliance with the U.S. Department of Education financial requirements, standards and ratios and "other corporate, operational, financial and accounting matters."
If you are aware of any facts relating to this investigation, or purchased shares of Corinthian you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
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