Gilman Law LLP, a National Law Firm Representing Victims of Securities Fraud, Announces Shareholders' Securities Fraud Class ...
January 24 2012 - 7:20AM
Marketwired
The leading national law firm of Gilman Law LLP announces a
securities law violations lawsuit against Career Education
Corporation ("Career Education", "CEC" or the "Company") (NASDAQ:
CECO) and certain of its officers and directors. The suit alleges
that materially false and misleading statements or failed to
disclose material information related to the company's business and
operations were made in violation of Section 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10-5 promulgated
thereunder.
If you purchased or otherwise acquired the common stock of
Career Education during the period between January 1, 2009 and
November 1, 2011, inclusive (the "Class Period") and lost money on
the transaction or still hold the shares, please contact Gilman Law
LLP by March 13, 2012 to discuss your rights
to recovery of your losses or to obtain additional information.
To learn more about the Career Education Class
Action Securities Law Violations Lawsuit, please visit the Gilman
Law Investment Losses Website or contact Gilman Law LLP at (888)
252-0048.
The shareholder class action lawsuit was filed in the US
District Court for the Northern District of Illinois after certain
key Company senior executives resigned and the Company's stock
plummeted almost 50%. Shareholders allege that throughout the Class
Period, Career Education represented that its retention rates and
employment or "placement rates" following graduation were higher
than they actually were. The Complaint alleges that positive
statements made by the Company were materially false and misleading
when made, and were known to be false and misleading because the
Company failed to disclose that the Company's purported Placement
rates were achieved through an improper course of conduct and a
manipulative use of the term "employment."
The securities lawyers at Gilman Law have over 32 years of
experience representing both individual and institutional investors
in securities cases and have been involved in all major aspects of
securities litigation, including cases involving stock
manipulation, securities fraud, and shareholder rights violations.
For more information on the Career Education Investor Class Action
Lawsuit or our other current investigations, or for a free
evaluation of your case please visit Gilman Law or CALL TOLL FREE
at (888) 252-0048.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Gilman Law LLP Bonita Springs, Florida Kenneth G.
Gilman (888) 252-0048 www.gilmanlawllp.com
rpotkay@gilmanpastor.com
CECO Environmental (NASDAQ:CECO)
Historical Stock Chart
From May 2024 to Jun 2024
CECO Environmental (NASDAQ:CECO)
Historical Stock Chart
From Jun 2023 to Jun 2024