ATGE - Adtalem Global Education (ATGE) Stock Tanks After Short Seller Accuses ATGE of Inflating Asset Values and Concealing Government Investigation - Hagens Berman | Benzinga
SAN FRANCISCO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Adtalem Global Education Inc. (NYSE:ATGE) investors who suffered substantial losses to submit your losses now.
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Adtalem Global Education Inc. (NYSE:ATGE) Investigation:
"We're investigating whether Adtalem may be misleading investors about the values of certain assets carried on its books," said Reed Kathrein, the Hagens Berman partner leading the investigation.
The investigation comes after activist short seller Safkhet Capital published a scathing report on Jan. 30, 2024 concluding that Adtalem is completely uninvestable and reportedly said "‘the number of existential risks that exists today should cause alarm for any investor that's looking into this company.'"
Among other things, ...
ATGE) Stock Tanks After Short Seller Accuses ATGE of Inflating Asset Values and Concealing Government Investigation - Hagens Berman>Full story available on Benzinga.com