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Feb 14, 2020 8:53 AM ET

EQUITY ALERT: ROSEN LAW FIRM, NATIONAL TRIAL COUNSEL, Continues to Investigate Securities Claims Against Grand Canyon Education, Inc. – LOPE

Legal Newswire

iCrowd Newswire - Feb 14, 2020

NEW YORK,  — Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Grand Canyon Education, Inc. (NASDAQ: LOPE) resulting from allegations that Grand Canyon Education may have issued materially misleading business information to the investing public.

On January 28, 2020, the investment analyst Citron Research issued a report on Grand Canyon Education entitled “GCE, the Educational Enron.” The Citron Report alleged that Grand Canyon Education 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 Education’s stock price fell $7.43 per share, or over 8%, to close at $84.07 per share on January 28, 2019, on unusually high trading volume, damaging investors.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Grand Canyon Education’s investors. If you purchased shares of Grand Canyon Education, please visit the firm’s website at to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected]

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]

Tags:    Wire, Legal Newswire, United States, English