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Federal Lawsuit.pdf

K12_Amended_Class_Action_Complaint.pdf
Preview of federal lawsuit
🔗 Source: sourcewatch.org
📊 Size: 634 KB
📄 Pages: 113 pages
⬇️ Downloads: 159

Summary

David Hoppaugh, on behalf of himself and others similarly situated, filed a class action complaint against K12 Inc., Ronald J. Packard, and Harry T. Hawks in the United States District Court for the Eastern District of Virginia. The complaint alleges that the defendants made materially false and misleading statements about K12's business and financial performance, specifically regarding enrollments, revenues, and the quality of education provided. The plaintiff claims that the defendants concealed high student churn rates, aggressive enrollment practices, and inadequate special education programs, among other issues. The complaint demands a jury trial and seeks relief under Sections 10(b) and 20(a) of the Exchange Act.

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Description

David Hoppaugh, on behalf of himself and others similarly situated, filed a class action complaint against K12 Inc., Ronald J. Packard, and Harry T.

Technical Information

  • File Format: PDF
  • File Size: 634 KB
  • Pages: 113
  • Language: EN
  • Total Downloads: 159
  • Last Updated: 3 hours ago

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