Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  ITT Educational Services, Inc.    ESI

Delayed Quote. Delayed  - 06/24 10:02:03 pm
1.87 USD   -3.61%
06/23 ITT EDUCATIONAL : Technical Institute Students Submed Testimonial Le..
06/21 ITT EDUCATIONAL : Most of the Nation's Electronics Technology Gradua..
06/18 ITT EDUCATIONAL : Terminated ITT exec to make $32,000 a month as con..
News SummaryMost relevantAll newsSector news 

ITT Educational Services, Inc. : SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in ITT Educational Services, Inc. of Class Action Lawsuit and the Deadline of May 10, 2013 to Seek a Lead Plaintiff Position

share with twitter share with LinkedIn share with facebook
share via e-mail
03/12/2013 | 05:05pm CEST

Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased ITT Educational Services, Inc. ("ITT" or the "Company") (NYSE: ESI) stock between April 22, 2010 and February 25, 2013 (the "Class Period").

For more information, click here: http://zlk.9nl.com/itt-educational-services-esi/.

The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company's business and financial results, and that the Company failed to maintain proper internal controls to ensure that risk-sharing agreements were properly recorded.

On February 22, 2013, ITT filed its Form 10-K with the SEC for its fiscal year ended December 31, 2012, disclosing that the Company was under investigation by the SEC in relation to possible involvement in some private student-loan agreements. ITT also revealed that on February 8, 2013, it had received a subpoena from the SEC requesting documents related to a 2009 loan risk-sharing agreement and ITT's PEAKS Private Student Loan Program. Upon this news, ITT's stock fell $3.10 per share to close at $15.53 per share on February 25, 2013, a one-day decline of nearly 17% on volume of over 1.7 million shares.

If you suffered a loss in ITT you have until May 10, 2013 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 (877) 363-5972, or visit http://zlk.9nl.com/itt-educational-services-esi/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has 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.

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

© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
React to this article
06/23 ITT EDUCATIONAL SERVICES : Technical Institute Students Submed Testimonial Lette..
06/21 ITT EDUCATIONAL SERVICES : Most of the Nation's Electronics Technology Graduates..
06/18 ITT EDUCATIONAL SERVICES : Terminated ITT exec to make $32,000 a month as consul..
06/17 ITT EDUCATIONAL SERVICES INC : Change in Directors or Principal Officers, Financ..
06/13 ITT EDUCATIONAL SERVICES : Most of the Nation's Graduates in Specific IT Program..
06/11 ITT EDUCATIONAL SERVICES : Armstead-anderson engagement
06/10 ITT EDUCATIONAL SERVICES INC : Change in Directors or Principal Officers (form 8..
06/09 ITT EDUCATIONAL SERVICES : mulling response to Education Department requirement
06/08 ITT EDUCATIONAL SERVICES INC : Triggering Events That Accelerate or Increase a D..
06/06DJITT EDUCATIONAL SERVICES : Is Told to Bolster Finances
News chart
Full-screen chart
Income Statement Evolution
More Financials