Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of K12 Inc (NYSE: LRN) 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 K12 Inc (NYSE: LRN) concerning whether a series of statements by K12 Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 27, 2015, after-market, K12 revealed that on September 24, 2015 they received a subpoena for an industry-wide investigation into for-profit virtual schools from the Attorney General of California.
Following this news, shares of K12 have fallen as much as $0.63, or more than 6%, during intraday trading on October 28, 2015.
Based in Herndon, Virginia, and founded in 2000 K12 Inc is an online educational company, offering individualized learning for students primarily in kindergarten through 12th grade.
If you purchased shares of K12 Inc (NYSE: LRN) on or before October 28, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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