Apollo Education Group Securities Litigation

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Apollo Education Group Securities Litigation
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The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for an Award of Attorneys’ Fees and Reimbursement of Litigation Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

NOTICE OF PENDENCY OF CLASS ACTION: Please be advised that your rights may be affected by the above-captioned securities class action (the “Action”) pending in the United States District Court for the District of Arizona (the “Court”), if, during the period from November 13, 2013 through October 21, 2015, inclusive (the “Class Period”), you purchased or otherwise acquired the Class A common stock of Apollo Education Group, Inc. (“Apollo”) (NASDAQ ticker symbol APOL), and were damaged thereby.

NOTICE OF SETTLEMENT: Please also be advised that the Court-appointed Lead Plaintiff, Government of Guam Retirement Fund (“Lead Plaintiff”), on behalf of itself and the Settlement Class (as defined in ¶ 26 of the Notice), has reached a settlement of the Action for $7,400,000 in cash that resolves all claims in the Action (the “Settlement”).

On June 26, 2019 following a hearing, the Court approved the Settlement and the Plan of Allocation. The Court entered a Judgment approving the Settlement, an order approving the proposed Plan of Allocation for the proceeds of the Settlement, and an order approving Lead Counsel's motion for attorneys' fees and expenses.


If you are a member of the Settlement Class, you are subject to the Settlement, unless you requested to be excluded. The Settlement Class includes: All persons and entities who purchased or otherwise acquired Apollo Class A common stock during the period from November 13, 2013 through October 21, 2015, inclusive (the “Class Period”), and were damaged thereby.


Please read the Notice to fully understand your rights and options. Copies of the Notice and Claim Form can be found on the menu at the left of this page.

Payments to eligible claimants will be made after the completion of all claims processing. Please be patient, as this process will take some time to complete.

IMPORTANT DATES

July 19, 2019

Claim Filing Deadline. Claim Forms must be postmarked no later than July 19, 2019 to be eligible for a payment from the Settlement.


Please read the Notice carefully. If you have questions, you may call the Apollo Education Group Securities Litigation Help Line at (866) 778-9625 or info@ApolloEducationGroupSecuritiesLitigation.com
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