LOS ANGELES, CA / ACCESSWIRE / July 11, 2016 / Lundin Law PC announces a class action lawsuit has been filed against DeVry Education Group Inc. ("DeVry" or the "Company") (NYSE: DV) concerning possible violations of federal securities laws between February 4, 2011 and January 27, 2016 (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the July 12, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here to participate. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, throughout the Class Period, the Company made false and/or misleading statements and/or failed to disclose that: DeVry University engaged in a deceptive marketing and advertising campaign for many years; the Company overstated its students' ability to find employment after graduation and overstated the potential income its students could earn after graduation; and as a result, DeVry overstated its growth, revenue, and earnings potential by concealing the true employment prospects of its graduates to investors and potential students. Shares of the Company's stock have fallen significantly during the Class Period.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
SOURCE: Lundin Law PC
ReleaseID: 442195
