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Jakubowitz Law IS HERE TO HELP SHAREHOLDERS WHO PURCHASED Grand Canyon Education, Inc. (LOPE)

Grand Canyon is facing a class action lawsuit alleging that statements made by Defendants were false and/or misleading because, following Grand Canyon’s spin-off of its educational assets as Grand Canyon University (“GCU”): (i) GCU would not be a proper non-profit organization as it would remain under the control of Grand Canyon, and (ii) Grand Canyon would not be a third-party service provider to GCU but rather would continue to effectively operate the entity, and (iii) Grand Canyon employees served as executives of GCU and (iv) GCU functioned as an off-balance-sheet entity to which Grand Canyon would be able to funnel expenses and costs in exchange for a disproportionate amount of revenue, thereby inflating Grand Canyon’s financial results.

If you incurred a loss on LOPE stocks purchased between January 5, 2018 and January 27, 2020, this lawsuit is on your behalf. The lawsuit was filed in the the United States District Court for the District of Delaware, and our firm is reaching out to investors to discuss their legal rights.

If you wish to act as a representative of the shareholders harmed by this misconduct, you may ask the court to appoint you as lead plaintiff. A lead plaintiff directs the litigation and participates in important decisions, including whether to accept a settlement for the class in the action.

You only have until July 13, 2020 to apply to be lead plaintiff. The court will then evaluate the applicants and choose a lead plaintiff. You are not required to act as a lead plaintiff in order to participate in any recovery.

Fill out the form below to be contacted by a representative of Jakubowitz Law.

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Loss Submission Form

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