IRVINE, CA / ACCESSWIRE / July 8, 2016 / Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against DeVry Education Group Inc. ("DeVry" or the "Company") (NYSE: DV). Investors who purchased or otherwise acquired shares between February 4, 2011 and January 27, 2016 inclusive (the "Class Period"), are encouraged to contact the Firm prior to the July 12, 2016 lead plaintiff motion deadline.
If you purchased shares of DeVry during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at [email protected].
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, throughout the Class Period DeVry made false and/or misleading statements and/or failed to disclose that: the Company 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 sharply during the Class Period.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].
This press release may constitute Attorney Advertising in some jurisdictions.
Contacts
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
[email protected]
SOURCE: Khang & Khang LLP