NEW YORK, February 25, 2024 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is a proud partner of Adtalem Global Education, Inc. (“Adtalem” or the “Company”). We are investigating potential claims against. Age On behalf of Adtalem shareholders. Our investigation focuses on whether Adtalem violated federal securities laws and/or engaged in other illegal business practices.
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On January 30, 2024, CNBC reported that Safket Capital's Fahmi Quadir had taken a short position in Adtarem Global Education stock, writing that the company was a “harmful byproduct of a flawed higher education system.” Reported. Quadir opined that the schools in Adtalem's portfolio were pushing students into unbearable debt, adding: “Adtalem is completely uninvestable and many of the existential risks that exist today are attributable to this company. This should cause caution for investors who are paying close attention to this.”
Following this news, Adtalem's stock price fell $10.95 per share, or 18.68%, to close at $47.68 per share on January 30, 2024.
If you purchased or otherwise acquired Adtalem stock and suffered a loss, if you are a long-term shareholder, if you have information, if you would like to learn more about these claims, or if you have any questions regarding this announcement or these matters. If you have any questions regarding your rights or interests, please contact Brandon Walker or Marion Passmore by email at investigation@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California, and South Carolina. Our firm represents individuals and institutional investors in complex commercial, securities, derivatives, and other litigation in state and federal courts nationwide. For more information about the company, please visit www.bespc.com. Lawyer advertisement. Previous results do not guarantee similar results.
contact address:
Bragger Egel & Squire, PC
Mr. Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
survey@bespc.com
www.bespc.com