NEW YORK, Oct. 13, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Apollo Education Group, Inc. ("Apollo Education" or the "Company") (NasdaqGS: APOL). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether Apollo Education and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On October 9, 2015, The Company reported that the U.S. Department of Defense ("DoD") had placed Apollo Education's wholly-owned subsidiary University of Phoenix, Inc. under probationary status and that the DoD might terminate the Company's ability to provide services to the U.S. military.
Following this news, shares of Apollo Education fell $1.09 or nearly 9% during intraday trading on October 9, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of Apollo Education, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email 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
SOURCE Bronstein, Gewirtz & Grossman, LLC