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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of ITT Educational Services, Inc.



Bronstein, Gewirtz & Grossman, LLC Announces Investigation of ITT Educational
                                Services, Inc.

PR Newswire

NEW YORK, Feb. 26, 2013

NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein,
Gewirtz & Grossman, LLC is investigating potential claims on behalf of
purchasers of the securities of ITT Educational Services, Inc. ("ITT" or the
"Company") (NYSE: ESI).  The investigation focuses on whether the Company and
its executives violated federal securities laws.

On February 25, 2013, shares of ITT fell %16.64 or $3.10 to close at $15.53
after the company revealed late last Friday that the Securities and Exchange
Commission ("SEC")  is investigating the company's involvement in some private
student-loan agreements.  ITT said it received a subpoena from the SEC on
February 8, along with a letter informing the company of the investigation.  
The subpoena issued by the SEC requested documents related to a 2009 loan
risk-sharing agreement and its PEAKS Private Student Loan Program.  In a
statement, ITT said, "There can be no assurance that the ultimate outcome of
the SEC investigation will not have a material adverse effect on our financial
conditions or results of operations."

If you are aware of any facts relating to this investigation, or purchased
shares of ITT, you can assist this investigation by contacting either Peretz
Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email eitan@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
eitan@bgandg.com

SOURCE Bronstein, Gewirtz & Grossman, LLC
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