Capella Education CPLA Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Capella Education Over Alleged Misrepresentations Relating To Capella Education’s Recruiting & Financial Aid Lending Practices.
A securities fraud class action lawsuit has been filed against online education service provider Capella Education Company (“Capella Education” or “Defendant”) in the United States District Court for the District of Minnesota on behalf of a class consisting of purchasers of Capella Education’s common stock (symbol: CPLA) between February 16, 2010 and August 13, 2010 (the “Class Period”), alleging that Capella and certain of its officers and executives violated federal securities fraud laws, including the Securities Exchange Act of 1934, by allegedly issuing false and misleading financial statements relating to Capella Education’s alleged failure to disclose improper recruiting and financial aid lending practices, according to Capella Education securities fraud class action lawsuit news reports.
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