Adtalem Global Education (ATGE): Kaplan Fox Investigates Potential Securities Fraud at Adtalem

NEW YORK, NY - (NewMediaWire) - January 30, 2024 - Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Adtalem Global Education Inc. (“Adtalem” or the “Company”) (NYSE: ATGE). Click Here to Join Investigation.

If you acquired Adtalem securities and would like to discuss our investigation, please click here or contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

On January 30, 2024, before the market opened, CNBC reported that short seller Fahmi Quadir of Safkhet Capital has a short position in Adtalem shares, and that Quadir’s criticisms of the Company include that “Adtalem has not disclosed that its unit Walden University is the target of an investigation by the Department of Education into its doctoral programs, citing a public record posted in November by the company’s accreditor, the Higher Learning Commission.”

Following this news, Adtalem shares fell by more than 19% in market trading on January 30, 2024.

WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.  With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.  Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.  For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. 

If you have any questions about this investigation, please contact:

Pamela A. Mayer

KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003

E-mail: pmayer@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com