SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Grand Canyon Education, Inc

Wilmington, Delaware--(Newsfile Corp. - February 4, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Grand Canyon Education, Inc. ("Grand Canyon") (NASDAQ: LOPE) on behalf of stockholders.

On May 12, 2020, a class action complaint was filed against Grand Canyon. The complaint alleges that, between January 5, 2018 and January 27, 2020, defendants inflated Grand Canyon's financial results by using a non-profit independent entity, Grand Canyon University ("GCU"), as an off-balance-sheet entity to which Grand Canyon was able to funnel expenses and costs in exchange for a disproportionate amount of revenue. Defendants repeatedly made false and misleading statements to investors describing GCU as a "non-profit" and "independent" institution and misstating Grand Canyon's role as a third-party provider of education services. As a result, shares of Grand Canyon's common stock traded at artificially inflated prices during the class period.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-grand-canyon-education-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

Rigrodsky Law, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
https://rl-legal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112802