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LOPE.US
id: 1173

Grand Canyon Education (LOPE) $25.5 Million Shareholder Settlement

D. Delaware
Court
1:20-cv-00639
Case number
05 Jan 2018
Class period Start
27 Jan 2020
Class period End
Grand Canyon Education (LOPE) agreed to settle $25.5 million with shareholders to end claims over Grand Canyon University spin-off.
Case Status
Stipulative Settlement
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.69
Plaintiffs
Fire and Police Pension Association of Colorado, Oakland County Employees’ Retirement System, Oakland County Voluntary Employees’ Beneficiary Association Trust
Attorneys
Bernstein Litowitz Berger & Grossmann LLP, Barrack, Rodos & Bacine
Defendants
Brian E. Mueller, Daniel E. Bachus
Administrator
JND Legal Administration
Trades matching type
FIFO
+$25,500,000
Cash Settlement Amount

Frequently Asked Questions

Grand Canyon Education Inc

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administrat...

    Ticker
    LOPE.US
    ISIN
    US38526M1062
    CIK
    1434588
    Sector
    Consumer Defensive
    Industry
    Education & Training Services
    Country
    USA
    Address
    2600 West Camelback Road, Phoenix, AZ, United States, 85017