BOSTON, March 26, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, continues to investigate potential claims against Grand Canyon Education, Inc. (NASDAQ: LOPE) and certain of its officers for potential securities fraud. Investors who have lost money are encouraged to contact the firm for a free case evaluation.
On January 28, 2020, investment analyst Citron Research issued a short report on Grand Canyon Education entitled, “GCE, the Educational Enron.” The report alleges that Grand Canyon was violating the federal securities laws by using a “captive, non-reporting subsidiary to hide its liabilities and artificially inflated the [company’s] stock price.” When news of the report hit the markets, Grand Canyon’s share price dropped significantly in intra-day trading.
If you purchased or acquired shares of Grand Canyon common stock and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at jake@blockesq.com, or at https://shareholder.law/lope.
Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets. The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm’s lawyers have recovered billions of dollars for its clients.
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CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: jake@blockesq.com
SOURCE: Block & Leviton LLP
www.blockesq.com