NEW YORK, July 27, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of K12 Inc. ("K12" or the "Company") (NYSE: LRN), concerning whether the board has breached its fiduciary duties to shareholders.
A class action recently filed in the U.S. District Court for the Northern District of California (C.A. No. 4:16-cv-04069-PJH) alleges that between 2013 and 2015, the Company published misleading advertisements about students' academic progress, parent satisfaction, their graduates' eligibility for California public university admission, class sizes, and the quality of the materials provided to students, among other things.
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 K12 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 (212)935-7400 Email: [email protected] Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
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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