Shareholders Foundation, Inc.

Apollo Education Group Inc (NASDAQ:APOL) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in Apollo Education Group Inc (NASDAQ:APOL) shares over potential securities laws violations by Apollo Education Group was announced and NASDAQ:APOL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (ReleaseWire) -- 07/23/2014 -- An investigation on behalf of investors of Apollo Education Group Inc (NASDAQ:APOL) shares over potential securities laws violations by Apollo Education Group and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Apollo Education Group Inc (NASDAQ:APOL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Apollo Education Group Inc (NASDAQ:APOL) concerning whether a series of statements by Apollo Education Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Apollo Education Group Inc reported that its Total Revenue declined from over $4.71 billion for the 12 months period that ended on August 31, 2011 to over $3.68 billion for the 12 months period that ended on August 31, 2013 and that its Net Income for those respective time periods declined from $573.43 million to $248.53 million.

Shares of Apollo Education Group Inc (NASDAQ:APOL) grew from $16.64 per share in March 2013 to as high as $35.16 per share on April 1, 2014.

Then on April 1, 2014, Apollo Education Group Inc disclosed that its largest brand of schools, University of Phoenix, had received a subpoena from the Office of the Inspector General of the U.S. Department of Education (the "DOE").

Shares of Apollo Education Group Inc declined from over $35 per share on April 1, 2014, to $26.99 per share on April 15, 2014.

Then on July 14, 2014, Apollo Education Group Inc disclosed that the DOE has placed the course program of the administration of federal student aid programs at the Company's University of Phoenix brand under review. Shares of Apollo Education Group Inc (NASDAQ:APOL) declined from $32.02 per share on July 3, 2014 to $28.49 per share on July 16, 2014.

On July 21, 2014, NASDAQ:APOL shares closed at $28.62 per share.

Those who purchased shares of Apollo 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