NEW YORK, May 11, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Apollo Education Group, Inc. ("Apollo" or the "Company") (Nasdaq: APOL) between June 26, 2013 and October 21, 2015.
You are hereby notified that a securities class action has been commenced in the USDC for the District of Arizona. If you purchased or otherwise acquired Apollo securities between June 26, 2013 and October 21, 2015, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/apollo-education.
The complaint alleges that throughout the Class Period, Apollo reported generating billions of dollars in revenues while concealing that a substantial portion of those revenues were being derived through improperly aggressive recruiting tactics being undertaken at U.S. military bases across the country that contradicted an Executive Order signed into law on April 27, 2012. These improperly aggressive recruiting tactics also allegedly violated the express terms of the contractual agreements Apollo had entered into with the U.S. Department of Defense in February 2012 and July 2014 to permit the University of Phoenix to continue participating in the Department of Defense's tuition assistance programs.
If you suffered a loss in Apollo you have until May 13, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/apollo-education.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP