EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Education Management Corporation. — EDMC
The Rosen Law Firm, P.A. announces that it is investigating potential securities claims against Education Management Corporation (NASDAQ:EDMC) resulting from allegations that the Company may have violated the Securities Exchange Act of 1934 by issuing materially misleading statements.
On September 16, 2014, Education Management announced that its annual report for the fiscal year ended June 30, 2014 would not be filed on time due to unresolved comments from the Division of Corporation Finance of the Securities and Exchange Commission. These comments are related to revenue recognition and related bad debt reserves recorded upon student withdrawals from school. This adverse news caused shares of Education Management to fall sharply on September 17, 2014, damaging investors.
The Rosen Law Firm is preparing a securities class action lawsuit on behalf of Education Management investors. If you purchased Education Management securities on or before September 17, 2014 and would like to recover your losses, please visit the website at http://rosenlegal.com/cases-364.html. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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