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Press release from Business Wire

The Securities Arbitration Law Firm of Klayman & Toskes Launches an Investigation on Behalf of Apollo Group Shareholders Who Held Concentrated Positions in Apollo Group with Full-Service Wall Street Brokerage Firms

Wednesday, May 25, 2011

The Securities Arbitration Law Firm of Klayman & Toskes Launches an Investigation on Behalf of Apollo Group Shareholders Who Held Concentrated Positions in Apollo Group with Full-Service Wall Street Brokerage Firms13:20 EDT Wednesday, May 25, 2011 NEW YORK (Business Wire) -- The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.nasd-law.com, announced today that it is investigating potential claims on behalf of Apollo Group, Inc. (NasdaqGS: APOL) shareholders who held concentrated positions in Apollo Group stock with full-service Wall Street brokerage firms. For the year 2010, Apollo Group declined 36% ending the year at $39.49 per share. As a result, many Apollo Group shareholders who held concentrated positions in Apollo Group sustained substantial losses. Unfortunately, many Apollo Group shareholders who held concentrated positions in Apollo Group stock were never advised by their full-service brokerage firms of the risks associated with owning a concentrated account. Investors who held concentrated positions on margin faced even greater risks. Additionally, despite having a duty to do so, many firms failed to explain how the use of risk management strategies, like a zero-cost collar, protective put options, stop loss orders and/or an exchange fund, could have been utilized to protect the concentrated Apollo Group stock positions. Apollo Group shareholders who sustained investment losses as a result of holding a concentrated position in Apollo Group can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms. If you wish to discuss this announcement or have investment losses of $100,000 or more in Apollo Group stock, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956 or visit us on the web at http://www.nasd-law.com. Klayman & Toskes, P.A.Steven D. Toskes, EsquireorJahan K. Manasseh, Esquire888-997-9956