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Purdue University Global Hosts Commencement for 600 Graduates

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Indianapolis ceremony welcomes attendees from 41 states, Germany,
Bermuda

INDIANAPOLIS–(BUSINESS WIRE)–Purdue University Global, a public nonprofit online
institution of higher education
, conferred degrees for more than 600
graduates during two ceremonies on May 18 in Indianapolis, Ind.,
recognizing them for their academic achievements and celebrating their
success.

Among those speaking at the commencements were President of Purdue
University Mitchell E. Daniels, Jr., Chancellor of Purdue University
Global Dr. Betty Vandenbosch and keynote speaker Dennis E. Bland,
president of the Center for Leadership Development.

Based in Indianapolis, Purdue University Global was created one year ago
when Purdue University acquired Kaplan University to expand its
land-grant mission by providing access to higher education for millions
of working adults, personalized to their needs. More than 9,000 Purdue
University Global students will earn degrees this year, including those
attending the Indianapolis graduation ceremonies.

During the ceremonies at the Murat Theatre in Indianapolis, Dr.
Vandenbosch conferred degrees to graduates who traveled from 41 states
as well as Bermuda, Germany and the Virgin Islands to attend. The
ceremony was broadcast on Facebook
Live
for graduates and family members unable to be there in person.

“Today, you’re crossing one finish line and setting your sights on
starting the next stage of your life’s journey,” she told graduates.
“Each of you had a unique path that brought you here today that shaped
who you were in the classroom, and who you will be in the workforce.”

Dr. Vandenbosch noted that Purdue Global students are primarily adult
learners and pointed to some of the ways that makes them distinctive.
Nearly 30 percent of the student body is affiliated with the military,
including active duty, veterans and their family members. She also said
that 52 percent of Purdue Global students are the first in their family
to pursue a higher education degree, and that 63 percent have a child or
other dependent.

Graduate
and undergraduate degrees
were awarded from the schools of Business
and Information Technology, Education, Health Sciences, Nursing, and the
College of Social and Behavioral Sciences.

About Purdue University Global

Purdue University Global is the extreme personalization online
university, providing students the competitive edge to advance in their
chosen careers. It offers a hyper-tailored path for students to earn an
associate’s, bachelor’s, master’s or doctoral degree, based on their
work experience, desired pace, military service, previous college
credits and other considerations — no matter where they are in their
life journey.

Purdue Global serves approximately 29,000 students, most of whom earn
their degree online. It also operates locations in Indiana, Iowa,
Nebraska, Maryland, Maine, Missouri and Wisconsin. Purdue Global is a
nonprofit, public university accredited by The Higher Learning
Commission. It is affiliated with Purdue University’s flagship
institution, a highly ranked public research university located in West
Lafayette, Indiana. Purdue University also operates two regional
campuses in Fort Wayne and Northwest, Indiana, as well as serving close
to 6,000 science, engineering and technology students at the Indiana
University-Purdue University (IUPUI) Indianapolis campus.

For more information, please visit www.PurdueGlobal.edu.

Contacts

Greg Ten Eyck
O: 954.515.3026
gregory.teneyck@purdueglobal.edu

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Business Wire

Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) and Encourages Ollie’s Investors to Contact the Firm

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NEW YORK–(BUSINESS WIRE)–#classaction–Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all investors that purchased Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) securities between June 6, 2019 and August 28, 2019 (“the “Class Period”). Investors have until November 18, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

On August 28, 2019, Ollie’s reported that store sales decreased 1.7% during the second quarter of 2019. Further, Ollie’s disclosed that a “bottleneck issue” had existed in its supply chain “for most all of Q2” and was not corrected until “the last week of the quarter.”

On this news, shares of Ollie’s fell $21.41 per share, or over 27%, to close at $56.36 per share on August 29, 2019.

The complaint, filed on September 17, 2019, alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that the company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) that, as a result, the company lacked sufficient inventory to meet demand at certain store locations; (3) that, as a result, the company’s comparable store sales were likely to decrease quarter-over-quarter; and (4) that, as a result of the foregoing, defendants’ positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you purchased Ollie’s securities during the Class Period, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the Ollie’s lawsuit, please go to https://bespc.com/olli. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com
www.bespc.com

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Business Wire

Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against DXC Technology Company (NYSE: DXC) and Encourages DXC Investors to Contact the Firm

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NEW YORK–(BUSINESS WIRE)–#DXC–Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all investors that purchased DXC Technology Company (NYSE: DXC) securities pursuant to and/or traceable to the company’s April 2017 registration statement and prospectus. Investors have until November 15, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

In April of 2017 DXC was created when Hewlett Packard Enterprise Company’s Enterprise Services segment was spun off and merged with Computer Sciences Corporation. In conjunction with this transaction, DXC issued a registration and prospectus.

On February 6, 2019, a civil complaint was filed alleging that certain officers of the company were using cost-cutting efforts such as layoffs to inflate short-term financial metrics and that these efforts substantially decreased the company’s ability to deliver contractually obligated services to its clients.

On August 8, 2019, the company lowered its fiscal 2020 revenue guidance by $500 million compared to previously issued guidance.

On this news, the company’s share price fell $15.74, or over 30%, to close at $35.91 per share on August 9, 2019, thereby injuring investors.

The complaint, filed on September 16, 2019, alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that the planned “workforce optimization” plan involved implementing arbitrary quotas; (2) that the plan would cut thousands of jobs at the company; (3) that jobs that were particularly at risk of being cut were held by longer-tenured, knowledgeable, and highly compensated senior personnel; (4) that these job terminations were selectively timed to artificially inflate reported earnings and other financial metrics; (5) that, at the time of the merger, defendant Lawrie had forecasted plans for a $2.7 billion workforce reduction in the first year; (6) that, as a result of these workforce terminations, the company was unlikely to deliver on client contracts; (7) that, as a result of the foregoing, the company’s clients would be dissatisfied and the relationships would be impaired; and (8) that, as a result of the foregoing, defendants’ positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On the date the complaint was filed, DXC stock traded as low as $32.34 per share, a 45% decline from the $59 per share price at the time of the spin-off and merger.

If you purchased DXC securities during the Class Period, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the DXC lawsuit, please go to https://bespc.com/dxc-2. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com
www.bespc.com

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Business Wire

Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against ProPetro Holdings Corp. (NYSE: PUMP) and Encourages ProPetro Investors to Contact the Firm

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NEW YORK–(BUSINESS WIRE)–#ProPetro–Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for Western District of Texas on behalf of all investors that purchased ProPetro Holdings Corp. (NYSE: PUMP) securities between March 14, 2017 and August 8, 2019 (“the “Class Period”). Investors have until November 15, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

In March 2017, the company completed its initial public offering (“IPO”), in which it sold 25 million shares of common stock at $14.00 per share.

On August 8, 2019, the company issued a press release delaying its second quarter earnings conference call and quarterly report, citing an ongoing review by its audit committee. In a Form 8-K filed with the SEC on the same day, the company stated that the review concerned, among other things, expense reimbursements and certain transactions involving related parties or potential conflicts of interest. The Form 8-K also stated that approximately $370,000 had been improperly reimbursed to members of senior management since the IPO.

On this news, the company’s share price fell $4.59 per share, or over 26%, to close at $12.75 per share on August 9, 2019.

By the date this class action was filed, ProPetro stock was trading as low as $11.44 per share, a nearly 18% decline from the $14 per share IPO price.

The complaint, filed on September 16, 2019, alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that the company’s executive officers were improperly reimbursed for certain expenses; (2) that the company had engaged in certain undisclosed transactions with related parties; (3) that the company lacked adequate disclosure controls and procedures; (4) that the company lacked effective internal control over financial reporting; and (5) that, as a result of the foregoing, defendants’ positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you purchased ProPetro securities during the Class Period, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the ProPetro lawsuit, please go to https://bespc.com/pump. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com
www.bespc.com

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