Adtalem Global Education Inc. (ATGE)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Adtalem Global Education Inc. (“Adtalem” or “the Company”) (NYSE: ATGE). Investors who purchased Adtalem securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Adtalem has violated federal securities laws.
On January 30, 2024, CNBC reported that Fahmi Quadir of Safkhet Capital had taken a short position in Adtalem Global Education shares, writing that the Company is “a toxic byproduct of an imperfect higher education system.” Quadir opined that the schools in Adtalem’s portfolio are pushing students into untenable debt loads and asserted “that Adtalem is completely uninvestable, the number of existential risks that exists today should cause alarm for any investor that’s looking into this company.” On this news, Adtalem’s stock price fell sharply during intraday trading on January 30, 2024.
If you are aware of any facts relating to this investigation or purchased Adtalem securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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