The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

UPDATED: Harwood Feffer LLP Announces Investigation of Apollo Education Group, Inc.

Wednesday, July 16, 2014

UPDATED: Harwood Feffer LLP Announces Investigation of Apollo Education Group, Inc.

21:30 EDT Wednesday, July 16, 2014

NEW YORK, July 16, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Apollo Education Group, Inc. ("Apollo" or the "Company") (NASDAQ: APOL) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.

Harwood Feffer LLP

On April 1, 2014, Apollo 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").  The subject matter of the investigation appears to be Apollo's compliance with Title IV student loan eligibility requirements.

On July 14, 2014, Apollo 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.

If you own Apollo shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.Benjamin I. Sachs-Michaels, Esq.Harwood Feffer LLP488 Madison AvenueNew York, New York 10022Phone Numbers: (877) 935-7400                         (212)935-7400Email:  bsachsmichaels@hfesq.com Website:   http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO

SOURCE Harwood Feffer LLP

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections