Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of DeVry Education Group Inc (NYSE: DV) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of DeVry Education Group Inc (NYSE: DV) concerning whether a series of statements by DeVry Education Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 27, 2016, the U.S. Federal Trade Commission stated that it had filed a lawsuit against DeVry University claiming DeVry mislead students about the prospect that they would find employment upon graduation. The Federal Trade Commission alleges that DeVry is being deceitful through its claim that 90 percent of DeVry graduates found work in their field within six months of graduation.
Following this news, NYSE: DV shares declined almost 20% to close at $20.09 per share on January 27, 2016.
Based in Downers Grove, Illinois, and founded in 1931 DeVry Education Group Inc provides educational services worldwide.
If you purchased shares of DeVry Education Group Inc (NYSE: DV) on or before January 27, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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