NEW YORK, Aug. 25, 2015 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities of Career Education Corp.("Career Education" or the
"Company") (NasdaqGS: CECO -News). Such investors are advised
to contact Peretz Bronstein or his
investor relations coordinator Eitan
Kimelman at info@bgandg.com or 212-697-6484.
The investigation concerns whether Career Education and certain
of its officers and/or directors have violated Sections 10(b) and
20(a) of the Securities Exchange Act of 1934.
On August 24, 2015, the Company
announced in regulatory filing that, "On August 20, 2015, Career Education Corporation
(the "Company") received a request for information pursuant to a
Civil Investigative Demand from the U.S. Federal Trade Commission
("FTC"). The request was made pursuant to a November 2013 resolution by the FTC directing an
investigation to determine whether unnamed persons, partnerships,
corporations, or others have engaged or are engaging in deceptive
or unfair acts or practices in or affecting commerce in the
advertising, marketing or sale of secondary or postsecondary
educational products or services, or educational accreditation
products or services. The information request requires the Company
to provide documents and information regarding a broad spectrum of
the business and practices of its subsidiaries and institutions for
the time period of January 1, 2010 to
the present."
Following this news, shares of Career Education fell
$0.17 or 4.96% to trade during
intraday trading at $3.36 on
August 25, 2015.
If you are aware of any facts relating to this investigation, or
purchased shares of Career Education, you can assist this
investigation by contacting Peretz
Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz &
Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC