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Franke v. Bridgepoint Education, Inc. et al
Case Number:
3:12-cv-01737
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Eversheds Sutherland
- Glancy Prongay
- Johnson Fistel
- Lieff Cabraser
- O'Melveny & Myers
- Pomerantz LLP
- Robbins Geller
- Westerman Law Corp.
- Wilson Sonsini
Companies
Sectors & Industries:
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October 30, 2015
Bridgepoint To Pay $15.5M To Resolve Shareholder Suit
Bridgepoint Education Inc. agreed to pay $15.5 million to resolve a shareholder class action alleging the digital education company misled investors about the chances that its largest university would remain accredited, according to documents filed Friday in California federal court.
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January 15, 2015
Bridgepoint Investors Win Cert. In Failed Accreditation Suit
A California federal judge on Thursday certified a class of Bridgepoint Education Inc. shareholders who claim the company misled them about the chances that its largest university would remain accredited, saying investors likely relied on the alleged misrepresentations during trading.