Our attorneys are investigating potential claims on behalf of investors of American Public Education, Inc. (NASDAQ: APEI) regarding possible securities law violations.
Civil Investigative Demand Prompts Stock Drop
Civil Investigative Demand Prompts Stock Drop
On August 8, 2017, after the close of trading, American Public Education revealed that it had received a Civil Investigative Demand from the Attorney General of the Commonwealth of Massachusetts. The investigation concerns alleged unfair deceptive acts or practices by American Military University relating to the recruitment and retention of students and the financing of education. American Military University is owned and operated by American Public Education.
Following this news, American Public Education’s share price fell $2.70, or 12.47%, to close at $18.95 on August 9, 2017.
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