Levi & Korsinsky announces it has commenced an investigation of
Ambassadors Group Inc. (NASDAQGS:EPAX) concerning possible violations of
federal securities laws by certain officers and directors of Ambassadors
Group. The investigation concerns whether certain statements made by
Ambassadors Group regarding its business and prospects were false and
misleading, resulting in significant investment losses to shareholders.
On July 13, 2015, after the market close, Ambassadors Group surprised
investors by announcing the cessation of operations by 2015 year-end,
citing declining revenues and declining travelers for several years.
This news shocked the market and sent the company’s shares into a
free-fall—losing approximately 31% in pre-market trading on July 14,
2015, from $2.40 to approximately $1.75 per share on intraday trading
July 14, 2015. To obtain additional information, go to:
http://zlk.9nl.com/ambassadors-group-epax
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior results
do not guarantee similar outcomes.
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