ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Grand Canyon Education, Inc. and Encourages Investors with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - April 29, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Grand Canyon Education, Inc. (NASDAQ: LOPE) ("Grand Canyon" or "the Company") for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Grand Canyon is the focus of a report issued by Citron Research on January 28, 2020, entitled, "GCE, the Educational Enron." The report alleges that the Company utilized a "captive, non-reporting subsidiary to hide its liabilities … and artificially inflated the [company's] stock price." Based on this news, shares of Grand Canyon dropped sharply in intraday trading.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55107