NEW YORK--(BUSINESS WIRE)--
The Law Offices of Vincent Wong notifies investors of an investigation concerning whether The Advisory Board Company (“Advisory Board”) (NASDAQ: ABCO) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/ABCO-Request-Form-1668. There is no cost or obligation to you.
On January 9, 2015, Advisory Board completed its acquisition of Royall & Company. Then on February 23, 2016, Advisory Board announced a net loss of $101.8 million for the quarter ended December 31, 2015, primarily attributable to an impairment charge of $95.7 million (and later increased to $99.1 million) to Royall’s goodwill. Following this news, shares of Advisory Board fell 27% to close at $26.50 per share on February 24, 2016.
To learn more about the investigation of Advisory Board contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/ABCO-Request-Form-1668.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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