Updated: Harwood Feffer LLP Announces Investigation of Education Management Corp.

Jan 31, 2014, 20:30 ET from Harwood Feffer LLP

NEW YORK, Jan. 31, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Education Management Corp. ("EDMC" or the "Company") (NASDAQ: EDMC), concerning whether the board has breached its fiduciary duties to shareholders.

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On January 27, 2014, EDMC disclosed that it has received inquiries from the Attorneys General of twelve states regarding EDMC's business practices.  In particular, the inquiries concern the Company's recruitment of students, graduate placement statistics, graduate certification and licensing results and student lending activities.  Harwood Feffer LLP previously investigated similar allegations against EDMC as recently as September 2012.

Current holders of EDMC shares purchased at any time may have a claim against the board for breaches of fiduciary duties, gross mismanagement, and/or abuse of control.  If you own EDMC 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. Matthew M. Houston, Esq. Benjamin Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers:  (877) 935-7400 or (212)935-7400 Email: ="" rel="nofollow" target="_blank">bsachsmichaels@hfesq.com Website: http://www.hfesq.com

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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SOURCE Harwood Feffer LLP