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

Delayed Quote. Delayed  - 08/30 08:37:41 pm
0.4085 USD   -7.47%
08:42p ITT EDUCATIONAL : stops enrolling students at area locations
02:08p ITT EDUCATIONAL : Technical Institute shuts down enrollment after fe..
12:16p ITT EDUCATIONAL : Tech ceases all student enrollment
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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

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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
www.zlk.com


© Business Wire 2013
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Financials ($)
Sales 2016 666 M
EBIT 2016 91,2 M
Net income 2016 39,8 M
Debt 2016 70,3 M
Yield 2016 -
P/E ratio 2016 0,27
P/E ratio 2017
EV / Sales 2016 0,12x
EV / Sales 2017 0,16x
Capitalization 10,6 M
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ITT Educational Services,  Technical Analysis Chart | ESI | US45068B1098 | 4-Traders
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Mean consensus HOLD
Number of Analysts 2
Average target price 2,00 $
Spread / Average Target 353%
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Managers
NameTitle
Kevin M. Modany Chief Executive Officer
Eugene W. Feichtner President & Chief Operating Officer
John E. Dean Executive Chairman
Rocco F. Tarasi Chief Financial Officer & Executive Vice President
Vincent John Weber Lead Independent Director
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