Glancy Binkow & Goldberg LLP Announces Lead Plaintiff Deadline In The Class
Action Lawsuit Against ITT Educational Services, Inc.
LOS ANGELES -- April 28, 2013
Glancy Binkow & Goldberg LLP announces that purchasers of the common stock of
ITT Educational Services, Inc. (“ITT” or the “Company”) (NYSE:ESI) between
April 22, 2010 and February 25, 2013 (the “Class Period’) have until May 10,
2013 to file a motion with the Court to be appointed as lead plaintiff. The
shareholder lawsuit was filed in the United States District Court for the
Southern District of New York.
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US BY PHONE TO DISCUSS THIS ACTION OR TO OBTAIN A
COPY OF THE COMPLAINT AT (310) 201-9150, TOLL-FREE AT (888) 773-9224, OR BY
EMAIL AT SHAREHOLDERS@GLANCYLAW.COM.
The Complaint alleges that during the Class Period the Company and certain of
its officers and directors violated federal securities laws by issuing false
and misleading statements concerning ITT’s operations. On February 22, 2013
ITT announced that the Securities and Exchange Commission was investigating
the Company’s involvement in certain private student-loan agreements.
According to ITT, the Company had received a subpoena from the SEC on February
8, 2013, along with a letter informing the Company of the investigation. The
subpoena requested documents related to a 2009 loan risk sharing agreement and
ITT’s PEAKS Private Student Loan Program.
If you are a member of the Class described above, you have until May 10, 2013
to move the Court to serve as lead plaintiff; however, you must meet certain
legal requirements. To be a member of the Class you need not take action at
this time; you may retain counsel of your choice or take no action and remain
an absent Class member. To learn more about this action, or if you have any
questions concerning this Notice or your rights or interests with respect to
these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow &
Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California
90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail
to firstname.lastname@example.org, or visit our website at
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLP, Los Angeles, CA
(310) 201-9150 or (888) 773-9224
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