GCU

ARIZONA VA AGENCY FINDS NO WRONGDOING IN AUDIT OF GRAND CANYON UNIVERSITY

Retrieved on: 
Monday, March 11, 2024

PHOENIX, March 11, 2024 /PRNewswire/ -- The Arizona State Approving Agency (SAA) for the U.S. Department of Veterans Affairs has closed its most recent risk-based audit of Grand Canyon University with no findings.

Key Points: 
  • PHOENIX, March 11, 2024 /PRNewswire/ -- The Arizona State Approving Agency (SAA) for the U.S. Department of Veterans Affairs has closed its most recent risk-based audit of Grand Canyon University with no findings.
  • In a letter to GCU dated Feb. 21, the Arizona SAA stated it "did not have any substantiated findings based on our review of Grand Canyon University."
  • Further, the SAA stated, "There are no findings impacting the continued approval of Grand Canyon University at this time."
  • The SAA site visit also included reviews of specific areas relating to finances, enrollment, recruiting, student outcomes and other success measures.

GRAND CANYON UNIVERSITY HONORS LEADERS WITH THE FOURTH ANNUAL COLANGELO SERVANT LEADERSHIP AWARDS

Retrieved on: 
Wednesday, February 14, 2024

PHOENIX, Feb. 14, 2024 /PRNewswire/ -- Grand Canyon University honored four committed leaders who embody the ideal for which Jerry Colangelo is best known – servant leadership – during the fourth annual Colangelo Servant Leadership Awards on Wednesday morning.

Key Points: 
  • PHOENIX, Feb. 14, 2024 /PRNewswire/ -- Grand Canyon University honored four committed leaders who embody the ideal for which Jerry Colangelo is best known – servant leadership – during the fourth annual Colangelo Servant Leadership Awards on Wednesday morning.
  • The Colangelo Servant Leadership Awards, presented by Freeport-McMoRan, are named after one of Arizona's most notable business and sports icons who is also the namesake of GCU's Colangelo College of Business (CCOB).
  • When we pick recipients for The Colangelo Servant Leadership Awards, we are looking for those business leaders in our community who really represent that type of leadership," said Dean of GCU's Colangelo College of Business John Kaites.
  • The 2023 Colangelo Servant Leadership recipients were Don Cardon, Tommy Espinoza, Dawn Grove and Steve Zabilski.

GRAND CANYON EDUCATION, INC. REPORTS FOURTH QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, February 13, 2024

GCE today announced financial results for the quarter ended December 31, 2023.

Key Points: 
  • GCE today announced financial results for the quarter ended December 31, 2023.
  • The Fall semester started one day earlier in 2023 than in 2022, which had the effect of shifting $1.2 million in service revenue from the fourth quarter of 2023 to the third quarter of 2023 in comparison to the prior year.
  • Our effective tax rate was 19.9% during the fourth quarter of 2023 compared to 22.8% during the fourth quarter of 2022.
  • Net income increased 13.6% to $80.7 million for the fourth quarter of 2023, compared to $71.0 million for the same period in 2022.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grand Canyon Education, Inc. - LOPE

Retrieved on: 
Friday, January 26, 2024

NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).

Key Points: 
  • NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).
  • The investigation concerns whether GCE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grand Canyon Education, Inc. - LOPE

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).

Key Points: 
  • NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).
  • The investigation concerns whether GCE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grand Canyon Education, Inc. - LOPE

Retrieved on: 
Wednesday, January 10, 2024

NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).

Key Points: 
  • NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE).
  • The investigation concerns whether GCE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

FEDERAL GOVERNMENT CONTINUES ATTACK WITH YET ANOTHER INQUIRY VS. GCU

Retrieved on: 
Friday, January 5, 2024

PHOENIX, Jan. 5, 2024 /PRNewswire/ -- Grand Canyon University received notice this week that the U.S. Department of Veterans Affairs (VA) has initiated yet another risk-based audit against the school, just eight months after GCU successfully refuted the agency's last audit.

Key Points: 
  • "This is unfortunately yet one more example of unelected bureaucrats weaponizing federal government agencies in a coordinated effort to target institutions to which they are ideologically opposed," said GCU President Brian Mueller.
  • "The level of unwarranted scrutiny being imposed on GCU is nothing short of harassment."
  • The VA claim was both legally and factually inaccurate, and GCU refused to sign a statement acknowledging these statements were improper.
  • "American people are losing confidence in the federal government to be fair and objective and there are clearly no checks and balances to prevent this type of selective enforcement," Mueller said.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Grand Canyon Education, Inc. (LOPE)

Retrieved on: 
Thursday, January 4, 2024

The law firm of Kirby McInerney LLP is investigating potential claims against Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against Grand Canyon Education, Inc. (“GCE” or the “Company”) (NASDAQ: LOPE ).
  • The investigation concerns whether GCE and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • Additional information about the firm can be found at Kirby McInerney LLP’s website: https://www.kmllp.com .

FTC Sues Grand Canyon University for Deceptive Advertising and Illegal Telemarketing

Retrieved on: 
Wednesday, January 3, 2024

In reality, the school requires that almost all doctoral students take additional “continuation courses” that add thousands of dollars in costs.

Key Points: 
  • In reality, the school requires that almost all doctoral students take additional “continuation courses” that add thousands of dollars in costs.
  • The defendants also used abusive telemarketing calls to try to boost enrollment at GCU, according to the complaint.
  • The FTC says the defendants’ deceptive claims and abusive telemarketing calls violated the FTC Act and the Telemarketing Sales Rule and asks the court to provide redress to consumers and prohibit the institution from further violations of the law.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

LOPE LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Grand Canyon Education, Inc. Investors to Inquire About Securities Class Action Investigation – LOPE

Retrieved on: 
Tuesday, January 2, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21552 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.