NEW YORK–(BUSINESS WIRE)–Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Grand Canyon Education, Inc., (“Grand Canyon” or the “Company”) (NASDAQ: LOPE) from allegations that Grand Canyon might have issued misleading information to the investing public.
If you purchased Grand Canyon securities, and/or would like to discuss your legal rights and options please visit Grand Canyon Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
On January 28, 2020, the investment analyst research firm Citron Research published a report on Grand Canyon. The report referred to Grand Canyon as “the educational Enron.” The Citron Research report claimed that Grand Canyon was improperly using a “captive, non-reporting subsidiary to hide its liabilities,” thereby “artificially inflat[ing] the [Company’s] stock price.”
On this news Grand Canyon’s stock price fell sharply during intraday trading on January 28, 2020.
If you purchased Grand Canyon securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/grandcanyoneducationinc-lope-shareholder-class-action-lawsuit-stock-fraud-242/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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