The Law Firm of Levi & Korsinsky Notifies Shareholders of Education Management Corporation of Claims Against the Company for Violation of the False Claims Act
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/11/11 -- Levi & Korsinsky, LLP notifies investors in Education Management Corporation ("Education Management" or "the Company") (NASDAQ: EDMC) of claims against the Company for violation of the False Claims Act.
Click here to learn how to join the action: , or call: 877-363-5972.
A recent complaint filed in conjunction with the Department of Justice alleges that the Company illegally paid recruiters based on the number of students they enrolled. According to the complaint, these improper sales and recruitment practices made Education Management eligible for more than $11 billion in federal grants and loans since 2003. The complaint was filed in US District Court for the Western District of Pennsylvania.
If you own Education Management securities and wish to obtain additional information, please contact Joseph Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit .
Levi & Korsinsky has expertise in protecting shareholders' rights and prosecuting investor securities litigation. The attorneys at Levi & Korsinsky have extensive experience in litigating actions on behalf of shareholders victimized by financial fraud and represent investors throughout the nation. Levi & Korsinsky has been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities fraud cases. For more information, please feel free to contact any of the attorneys listed below.
Attorney advertising. Please be aware that prior results never guarantee similar future outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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Datum: 11.08.2011 - 22:47 Uhr
Sprache: Deutsch
News-ID 45463
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