NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that it is continuing to investigate potential securities claims on behalf of shareholders of DeVry Education Group Inc. (NYSE:DV) resulting from allegations that DeVry may have issued materially misleading business information to the investing public.
On January 27, 2016, the Federal Trade Commission announced that it had filed suit against the operators of DeVry University alleging that DeVry’s advertisements deceived consumers about the likelihood that students would find jobs in their fields of study and would earn more than those graduating with bachelor's degrees from other colleges or universities. On this news, shares of DeVry fell sharply $3.65 per share or over 15% to close at $20.09 per share on January 27, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by DeVry investors. If you purchased shares of DeVry between August 26, 2011 and January 27, 2016, please visit the firm’s website at http://rosenlegal.com/cases-825.html for more information about the proposed suit. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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