SHAREHOLDER NOTICE: Scott+Scott Attorneys at Law LLP Investigates Grand Canyon Education, Inc.'s Directors and Officers for Breach of Fiduciary Duties - LOPE

New York, New York--(Newsfile Corp. - March 20, 2024) - Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Grand Canyon Education, Inc. ("Grand Canyon") (NASDAQ: LOPE) breached their fiduciary duties to Grand Canyon and its shareholders. If you are a Grand Canyon shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com.

Scott+Scott is investigating whether members of Grand Canyon's board of directors or senior management failed to manage Grand Canyon in an acceptable manner, in breach of their fiduciary duties to Grand Canyon, and whether Grand Canyon and its shareholders have suffered damages as a result.

On October 31, 2023, the U.S. Department of Education announced a record fine of $37.7 million against Grand Canyon's principal subsidiary Grand Canyon University ("GCU") for years of lying to prospective and current students about the costs of GCU's doctoral programs. On December 27, 2023, the Federal Trade Commission filed suit against Grand Canyon and GCU for similar conduct, as well as other deceptive conduct, including GCU's supposed nonprofit status, and deceptive telemarketing practices.

What You Can Do

If you are a Grand Canyon shareholder, you may have legal claims against Grand Canyon's directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

Attorney Advertising

CONTACT:
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
600 W. Broadway, Suite 3300
San Diego, CA 92101
844-818-6982
jpettigrew@scott-scott.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/200865