SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Bridgepoint Education, Inc. of PENDENCY OF CLASS ACTION Lawsuit and a Lead Plaintiff DEADLINE of April 27, 2015 -- BPI

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 03/02/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
OR OTHERWISE ACQUIRED AMERICAN DEPOSITORY SHARES OF (NYSE: BPI)
that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of California. If you purchased or otherwise acquired Bridgepoint American Depository Shares between August 7, 2012 and May 30, 2014, .
To get more information, click here: .
The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose that: (a) the Company had applied an improper revenue recognition methodology to assess collectability of funds owed by students; (b) as a result, the Company's revenues and financial results were overstated; (c) the Company's financial statements were not prepared in accordance with Generally Accepted Accounting Principles (GAAP); and (d) the Company lacked adequate internal and financial controls.
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit .
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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Bereitgestellt von Benutzer: Marketwired
Datum: 02.03.2015 - 18:51 Uhr
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News-ID 375431
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