Shareholders Foundation, Inc.

Investigation for Investors in DeVry Education Group Inc (NYSE:DV) over Potential Wrongdoing by Certain Directors Announced

An investigation on behalf of current long term investors in DeVry Education Group Inc (NYSE:DV) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:DV stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/28/2016 -- Certain directors of DeVry Education Group Inc are under investigation over potential wrongdoing. The investigation for investors in NYSE:DV shares was announced concerning potential breaches of fiduciary duties by certain directors of DeVry Education Group.

Investors who are current long term investors in DeVry Education Group Inc (NYSE:DV) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for long term investors in NYSE:DV stocks follows a lawsuit filed recently against DeVry Education Group Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:DV stocks, concerns whether certain DeVry Education Group directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose, among other things, that DeVry University engaged in a multi-year deceptive marketing and advertising campaign, that DeVry University overstated its students' ability to find employment after graduation, that DeVry University overstated the potential income its students could earn after graduation, and that as a result, DeVry overstated its growth, revenue, and earnings potential by concealing the true employment prospects of DeVry University graduates to investors and potential students.

Those who purchased shares of DeVry Education Group Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com