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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Grand Canyon Education Inc (NASDAQ: LOPE) 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 Grand Canyon Education Inc (NASDAQ: LOPE) concerning whether a series of statements by Grand Canyon Education Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 28, 2020, a report published by Citron Research on Grand Canyon entitled "GCE, the Educational Enron" alleged that Grand Canyon was improperly using a "captive, non-reporting subsidiary to hide its liabilities," thereby "artificially inflat[ing] the [company's] stock price."
Following this news, NASDAQ: LOPE fell sharply during intraday trading on January 28, 2020.
Based in Phoenix, Arizona, and founded in 1949 Grand Canyon Education Inc provides education services in the United States.
If you purchased shares of Grand Canyon Education Inc (NASDAQ: LOPE) on or before January 28, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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