SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors with Losses on
Their Investment in Corinthian Colleges Inc. of Class Action Lawsuit and the
Deadline of August 19, 2013 to Seek a Lead Plaintiff Position
NEW YORK -- July 29, 2013
Levi & Korsinsky announces that a class action lawsuit has been commenced in
the United States District Court for the Southern District of New York on
behalf of investors who purchased Corinthian Colleges (“Corinthian” or the
“Company”) (NasdaqGS:COCO) stock between August 23, 2011 and June 10, 2013.
Click here to learn more about the investigation
http://zlk.9nl.com/corinthian-colleges/, or call: 877-363-5972. There is no
cost or obligation to you.
The complaint alleges that, throughout the Class Period, defendants made
materially false and misleading statements regarding the Company’s business,
operational, and compliance policies. In particular, it is alleged that the
Company made false and/or misleading statements and/or failed to disclose
that: (a) defendants manipulated federal student loan and grant programs in
order to appear compliant with federal regulations enacted in June 2011; (b)
defendants violated said regulations by engaging in deceptive recruiting and
enrollment practices; and (c) the Company engaged in systemic grade
falsification in order to appear in conformance with said regulations.
On June 10, 2013, the Company disclosed it was under investigation by the SEC.
Shares of Corinthian stock fell to a close of $2.46 per share, following a
close of $2.79 per share prior to the disclosure.
If you suffered a loss in Corinthian you have until August 19, 2013 to
request that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead plaintiff. To obtain
additional information, contact Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. Attorney advertising. Prior
results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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