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Press release content from Business Wire. The AP news staff was not involved in its creation.

BRIDGEPOINT EDUCATION 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit against Bridgepoint Education, Inc. - BPI

May 10, 2019

NEW ORLEANS--(BUSINESS WIRE)--May 9, 2019--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 10, 2019 to file lead plaintiff applications in a securities class action lawsuit against Bridgepoint Education, Inc. (NYSE: BPI). Investor losses must relate to purchases of the Company’s securities between March 8, 2016 and March 7, 2019. This action is pending in the United States District Court for the Southern District of California.

Get Help

Bridgepoint investors should visit us at https://www.claimsfiler.com/cases/view-bridgepoint-education-inc-securities-litigation-2 or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

On March 7, 2019, Bridgepoint disclosed that its financial statements for the three and nine months ended September 30, 2018 would be restated, and should not be relied upon, due in part to a flawed revenue recording process resulting in “material” accounting errors and the overstatement of revenue and expenses. On this news, the price of Bridgepoint’s shares plummeted.

The case is Stein v. Bridgepoint Education, Inc. et al, 19-cv-00460.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190509005970/en/

CONTACT: ClaimsFiler

Lewis Kahn, 844-367-9658




SOURCE: ClaimsFiler

Copyright Business Wire 2019.

PUB: 05/09/2019 10:50 PM/DISC: 05/09/2019 10:50 PM