Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Bridgepoint Education, Inc.
March 13 2019 - 6:28PM
Business Wire
Federman & Sherwood announces that on March 8, 2019, a class
action lawsuit was filed in the United States District Court for
the Southern District of California against Bridgepoint Education,
Inc. (NYSE: BPI). The complaint alleges violations of federal
securities laws, Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5, including allegations of
issuing a series of material or false misrepresentations to the
market which had the effect of artificially inflating the market
price during the Class Period, which is March 8, 2016 through March
7, 2019.
Plaintiff seeks to recover damages on behalf of all Bridgepoint
Education, Inc. shareholders who purchased common stock during the
Class Period and are therefore a member of the Class as described
above. You may move the Court no later than Friday, May 10, 2019 to
serve as a lead plaintiff for the entire Class. However, in order
to do so, you must meet certain legal requirements pursuant to the
Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin HesterFEDERMAN & SHERWOOD10205 North Pennsylvania
AvenueOklahoma City, OK 73120Email to: rkh@federmanlaw.comOr, visit
the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190313005895/en/
Robin HesterFEDERMAN & SHERWOODrkh@federmanlaw.com
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