FTC Action

Shares of DeVry Education Group Inc (NYSE: DV) were halted Wednesday afternoon after the Federal Trade Commission confirmed it has filed a suit against the company's operators for alleged misleading advertisement. According to the FTC, DeVry's advertisements "deceived consumers...

Shares of DeVry Education Group Inc (NYSE: DV), a provider of educational services in fields such as business, healthcare and technology, plunged lower by nearly 20 percent and hit a new 52-week low of $19.18 on Wednesday before trading was temporarily halted. Investors were reacting to a report by...