Robbins Umeda LLP Announces an Investigation of Bridgepoint Education, Inc.

Robbins Umeda LLP, a shareholder rights litigation firm, has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Bridgepoint Education, Inc. (NYSE: BPI). Bridgepoint Education provides postsecondary education services through its campuses located in Clinton, Iowa, and Colorado Springs, Colorado. The Company offers associates, bachelor's, master's, and doctoral programs primarily in the disciplines of business, education, psychology, social services, and health services. The company was founded in 1918 and is headquartered in San Diego, California.

If you own stock in Bridgepoint Education and would like more information about your shareholder rights, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.

On March 10, 2011, the U.S. Senate Health, Education, Labor, and Pensions Committee presented a case study about Bridgepoint Education's services. Of note, the case study revealed that Bridgepoint Education gets 86% of its revenues directly from the federal government, but the vast majority of its students drop out, burdened with student-loan debt. Specifically, of the students who enrolled in 2008-2009, 84% in the associate degree programs and 63% in the bachelor's programs dropped out by September 2010. Robbins Umeda LLP's investigation concerns whether the officers and directors of Bridgepoint Education issued materially inaccurate financial statements to the investing public and whether they exercised appropriate oversight of Bridgepoint Education in accordance with their fiduciary duties.

Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career shareholder rights attorneys. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to http://www.robbinsumeda.com.

Press release link: http://www.robbinsumeda.com/shareholders-rights-blog/bridgepoint-education/

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