Grand Canyon Education, Inc. (LOPE)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Grand Canyon Education, Inc. (LOPE)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Grand Canyon Education, Inc. (“Grand Canyon” or the Company”) (NASDAQ: LOPE). The investigation concerns whether Grand Canyon and certain of its officers and/or directors have violated federal securities laws.
On January 28, 2020, the investment analyst Citron Research (“Citron”) issued a report on Grand Canyon Education entitled “GCE, the Educational Enron.” The Citron report 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.” On this news, Grand Canyon’s stock price fell sharply during intraday trading on January 28, 2020.
If you are aware of any facts relating to this investigation, or purchased Grand Canyon shares, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.