NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of American Public Education, Inc. (NASDAQ: APEI) resulting from allegations that American Public Education may have issued materially misleading business information to the investing public.
On August 8, 2017, during aftermarket hours, American Public Education revealed that it received a Civil Investigative Demand from the Attorney General of the Commonwealth of Massachusetts, relating to an investigation of alleged unfair or deceptive acts or practices by American Military University (“AMU”) in connection with the recruitment and retention of students and the financing of education. AMU is operated by American Public University System, Inc., American Public Education’s wholly owned operating subsidiary. The Civil Investigative Demand requires the production of documents and information relating to recruitment, enrollment, job placement and other matters. On this news, shares of American Public Education fell sharply during intraday trading on August 9, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by American Public Education investors. If you purchased shares of American Public Education, please visit the firm’s website at http://www.rosenlegal.com/cases-1189.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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