August 23, 2010
Jefferson online-degree firm faces 2nd lawsuit
Advertiser

CHARLES TOWN, W.Va. -- American Public Education is facing a second class-action lawsuit filed on behalf of shareholders.

New York law firm Bernstein Liebhard said it sued the Charles Town-based company Monday in U.S. District Court in Martinsburg. The lawsuit is the second filed on behalf of American Public Education shareholders in August.

American Public operates online, for-profit universities primarily for military personnel.

The new lawsuit accuses the company of using improper tactics to lure students to enroll to prop up financial results, among other things. The earlier lawsuit filed by an Oklahoma law firm likewise accuses American Public of making misrepresentations to investors.

An American Public spokesman did not immediately return a call seeking comment.

 

Article Preview

This article is available only to our premium digital content subscribers.

Jefferson online-degree firm faces 2nd lawsuit

CHARLES TOWN, W.Va. -- American Public Education is facing a second class-action lawsuit filed on behalf of shareholders.

New York law firm Bernstein Liebhard said it sued the Charles Town-based company Monday in U.S. District Court in Martinsburg. The lawsuit is the second filed on behalf of American Public Education shareholders in August.

American Public operates online, for-profit universities primarily for military personnel.

The new lawsuit accuses the company of using improper tactics to lure students to enroll to prop up financial results, among other things. The earlier lawsuit filed by an Oklahoma law firm likewise accuses American Public of making misrepresentations to investors.

An American Public spokesman did not immediately return a call seeking comment.

 

1 Day Online Only
$0.99
Click here to purchase a one day subscription.
1 Month Online Only
$9.99
Click here to sign up for a one month subscription.
1 Month Online + Print Delivery
$31.99
Click here to sign up for our Premium subscription package.
Advertisement - Your ad here
Get Daily Headlines by E-Mail
Sign up for the latest news delivered to your inbox each morning.
Advertisement - Your ad here
Advertisement - Your ad here
Advertisement - Your ad here