SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

November 24, 2014 15:26 ET

UPCOMING DEADLINE: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against ITT Educational Services Inc. and Its Board of Directors and a Lead Plaintiff Deadline of December 1, 2014 -- ESI

NEW YORK, NY--(Marketwired - Nov 24, 2014) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Indiana on behalf of investors who purchased ITT Educational Services Inc. ("ITT" or the "Company") (NYSE: ESI) securities between February 26, 2013 and September 18, 2014.

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The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose material adverse facts regarding the Company's business, operations, and prospects.

On March 21, 2014, the Company announced it had received an inquiry from the Securities and Exchange Commission ("SEC") regarding accounting treatment for the variable interest entity involved in its PEAKS Program. Then on September 19, 2014, ITT announced that the SEC had made a preliminary determination to recommend an enforcement action against the Company concerning two private education loan programs for its students.

If you suffered a loss in ITT you have until December 1, 2014 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 or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510