Shareholders Foundation, Inc.

Investigation for Pre 2009 Long-Term Investors in Apollo Group Inc (NASDAQ:APOL) Shares

An investigation on behalf of current long-term investors in shares of Apollo Group Inc (NASDAQ:APOL) over potential securities laws violations by Apollo Group Inc was announced and current long-term NASDAQ:APOL investors should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 07/30/2012 -- An investigation on behalf of current long-term investors, including but not limited to those who purchased shares of Apollo Group Inc (NASDAQ:APOL) as early as 2009 or earlier, over potential securities laws violations by Apollo Group Inc in connection with certain statements was announced.

Investors who are current long-term stockholders of shares of Apollo Group Inc (NASDAQ:APOL), including but not limited to those who purchased as early as 2009 or earlier NASDAQ:APOL shares and currently hold any of those NASDAQ:APOL shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain officers and directors of Apollo Group Inc (NASDAQ:APOL) breached their fiduciary duties owed to stockholders of NASDAQ:APOL shares in connection with certain financial statements.

Apollo Group Inc (NASDAQ:APOL) reported that its Total Revenue increased from $3.13billion for the 12months period that ended on Aug. 31, 2008, to $4.73billion for the 12months period that ended on August 31, 2011 and its Net Income rose over the respective time periods rose from $476.52million to $572.43million.

However, shares of Apollo Group Inc (NASDAQ:APOL) fell from almost $90 per share in January 2009 to as low as $26.83 per share on July 26, 2012.

On July 27, 2012, NASDAQ:APOL shares closed at 28.39 per share, less than 50% of its current 52week High of $58.29 per share.

Those who are current long-term stockholder of shares of Apollo Group Inc (NASDAQ:APOL), including but not limited to those who purchased as early as 2009 or earlier NASDAQ:APOL shares and currently hold any of those NASDAQ:APOL shares, have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com