Former California Deputy Attorney General and Special Counsel with Johnson Fistel Launches Investigation into Bridgepoint Education (BPI); Investors Suffering Losses Encouraged to Contact Firm

SAN DIEGO, March 7, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Counsel, Tiffany Johnson, Esq., is investigating potential claims against Bridgepoint Education, Inc. ("Bridgepoint") (NYSE: BPI) for violations of state and federal securities laws.

On March 7, 2019, Bridgepoint made known that it's previously issued financial statements for the three and nine months ended September 30, 2018 should no longer be relied upon. Bridgepoint further disclosed the "restatement primarily relates to the revenue for the Full Tuition Grant program portion of our student contracts." Following this news, Bridgepoint's stock price fell closing down 34.04% on March 7, 2019. 

If you have information that could assist in this investigation, including past employees and others, or if you are an Bridgepoint shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP