NEW YORK, May 15, 2014 /PRNewswire/ -- Harwood Feffer LLP ( www.hfesq.com) is investigating potential claims against Bridgepoint Education, Inc. ("BPI" or the "Company") (NYSE: BPI) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
On May 13, 2014, the Company disclosed it would be unable to timely file its Form 10-Q for the first quarter of 2014. The SEC has questioned the Company's revenue recognition policy and its accounting for doubtful accounts. At this time the Company is evaluating whethe it will be required to restate its Form 10-K for 2013.
If you own BPI shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:Robert I. Harwood, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website ( http://www.hfesq.com) for more information about the firm. Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP ( www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO SOURCE Harwood Feffer LLP
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