Grand Canyon Education Securities Litigation Settlement
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Grand Canyon Education, Inc. and executives Brian E. Mueller (CEO) and Daniel E. Bachus (CFO) allegedly violated federal securities laws by making false and misleading statements regarding the Company's 2018 sale of Grand Canyon University to an Arizona nonprofit corporation. The defendants deny all allegations and agreed to settle to avoid further litigation costs and uncertainty.
Do you qualify?
Anyone who purchased Grand Canyon Education common stock between January 5, 2018 and January 27, 2020, inclusive, and suffered damages as a result. Certain persons and entities are excluded by definition or if they requested an exclusion.
How to file
The claims administration process has concluded. Valid claim forms that were timely filed have been processed, and distributions of the Net Settlement Fund are occurring on a rolling basis. Contact the Claims Administrator at 855-208-4129 or info@GrandCanyonSecuritiesLitigation.com for information about your claim status.
Common questions
- How much does the Grand Canyon Education Securities Litigation Settlement pay?
- The total settlement fund is $25.5M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- Is the Grand Canyon Education Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at grandcanyonsecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Grand Canyon Education Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for August 22, 2024; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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