An investigation for investors in K12 Inc. (NYSE:LRN) shares over potential securities laws violations by K12 Inc. was announced and NYSE:LRN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/07/2015 -- An investigation for shareholders in K12 Inc. shares over potential securities laws violations by K12 Inc. and certain of its directors and officers was announced.
Investors who purchased shares of K12 Inc. (NYSE:LRN), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of K12 Inc. (NYSE:LRN) concerning whether a series of statements by K12 Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 27, 2015, K12 disclosed receipt on September 24, 2015 of a civil investigative subpoena from the Attorney General of California in connection with an industry-wide investigation into for-profit virtual schools. Shares of K12 Inc. (NYSE:LRN) declined to as low as $9.50 per share on October 30, 2015, respectively $9.01 per share on November 13, 2015.
On December 4, 2015, NYSE:LRN shares closed at $9.43 per share.
Those who purchased shares of K12 have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego