NEW YORK, Jan. 29, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Grand Canyon Education, Inc. ("Grand Canyon", "GCE" or the "Company") (NASDAQ: LOPE).  Investors who purchased Grand Canyon securities may be affected.

On January 28, 2020, the investment analyst Citron Research issued a report on Grand Canyon entitled, "GCE, the Educational Enron." The report alleges that Grand Canyon may be violating the securities laws by using a "captive, non-reporting subsidiary to hide its liabilities" and through "fraudulent accounting . . . is artificially inflating its earnings, margins, and stock multiple." 

Following this news, Grand Canyon's shares fell $7.43 per share, over 8%, on heaving trading volume to close at $84.07 per share on January 28, 2020.

If you purchased Grand Canyon securities, and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952. 

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. 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, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4700
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

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SOURCE Kaplan Fox & Kilsheimer LLP