Grand Canyon Education Stock – Investors of Grand Canyon Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Grand Canyon Education, Inc. (“Grand Canyon” or the “Company”) (NASDAQ: LOPE) failed to manage Grand Canyon in an acceptable manner in breach of their fiduciary duties to Grand Canyon, and whether the Company and its shareholders suffered damages as a result.
INVESTORS OF GRAND CANYON STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
On October 31, 2023, the U.S. Department of Education announced a fine of $37.7 million against Grand Canyon’s principal subsidiary, Grand Canyon University (“GCU”).
According to the U.S. Department of Education, an investigation “. . . found GCU lied to more than 7,500 former and current students about the cost of its doctoral programs over several years. GCU falsely advertised a lower cost than what 98% of students ended up paying to complete certain doctoral programs.”
On December 27, 2023, the Federal Trade Commission filed suit against Grand Canyon and GCU for similar conduct, as well as other deceptive conduct, including GCU’s supposed nonprofit status, and deceptive telemarketing practices.
GRAND CANYON SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
