SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

May 25, 2016 10:31 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of DeVry Education Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 12, 2016 -- DV

NEW YORK, NY--(Marketwired - May 25, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of DeVry Education Group, Inc. ("DeVry" or the "Company") (NYSE: DVbetween February 4, 2011 and January 27, 2016.

You are hereby notified that a securities class action has commenced in the USDC for the Northern District of Illinois. If you purchased or otherwise acquired DeVry securities between February 4, 2011 and January 27, 2016, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/devry-education-group.

The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose, among other things, that: (i) DeVry University engaged in a multi-year deceptive marketing and advertising campaign; (ii) DeVry University overstated its students' ability to find employment after graduation (iii) DeVry University overstated the potential income its students could earn after graduation; (iv) and as a result, DeVry overstated its growth, revenue, and earnings potential by concealing the true employment prospects of DeVry University graduates to investors and potential students.

Shares of DeVry have fallen from a close of $53.47 per share on February 3, 2011, the day before the class period, to a close of just $20.09 on January 27, 2016.

If you suffered a loss in DeVry you have until July 12, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/devry-education-group.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com