BRIDGEPOINT EDUCATION 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit against Bridgepoint Education, Inc. – BPI
NEW ORLEANS–(BUSINESS WIRE)–ClaimsFiler, a FREE shareholder information service, reminds investors
that they have only until May 10, 2019
to file lead plaintiff applications in a securities class action lawsuit
against Bridgepoint Education, Inc. (NYSE: BPI). Investor losses must
relate to purchases of the Company’s securities between March 8, 2016
and March 7, 2019. This action is pending in the United States District
Court for the Southern District of California.
Get Help
Bridgepoint investors should visit us at https://www.claimsfiler.com/cases/view-bridgepoint-education-inc-securities-litigation-2
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are
available to discuss your legal options.
About the Lawsuit
On March 7, 2019, Bridgepoint disclosed that its financial statements
for the three and nine months ended September 30, 2018 would be
restated, and should not be relied upon, due in part to a flawed revenue
recording process resulting in “material” accounting errors and the
overstatement of revenue and expenses. On this news, the price of
Bridgepoint’s shares plummeted.
The case is Stein v. Bridgepoint Education, Inc. et al,
19-cv-00460.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to
help retail investors recover their share of billions of dollars from
securities class action settlements. At ClaimsFiler.com, investors can:
(1) register for free to gain access to information and settlement
websites for various securities class action cases so they can timely
submit their own claims; (2) upload their portfolio transactional data
to be notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick & Foti,
LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
Contacts
ClaimsFiler
Lewis Kahn, 844-367-9658
https://www.claimsfiler.com