Holzer Holzer & Fistel, LLC Announces Investigation into Career Education Corporation
August 15 2011 - 2:31PM
Business Wire
Holzer Holzer & Fistel, LLC is investigating potential
violations of the federal securities laws by Career Education
Corporation (“Career Education” or the “Company”) (NASDAQ: CECO).
The investigation focuses on whether a series of statements made
between November 3, 2010 and August 3, 2011, inclusive, regarding
Career Education’s business, its prospects and its operations were
materially false and misleading at the time they were made. Career
Education recently announced it had “identified improper practices
at certain of its health education segment campuses relating to the
determination of reported placement rates.” The firm’s
investigation seeks to determine, among other things, whether
Career Education’s revenue guidance for 2011 was misstated as a
result of the “improper practices” the Company identified.
If you purchased Career Education common stock between November
3, 2010 and August 3, 2011, inclusive and have questions concerning
your legal rights, you are encouraged to contact Holzer Holzer
& Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or
Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or
mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm
that dedicates its practice to vigorous representation of
shareholders and investors in litigation nationwide, including
shareholder class action and derivative litigation. More
information about the firm is available through its website,
www.holzerlaw.com and upon request from the firm. Holzer Holzer
& Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the
attorney responsible for its content.
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