Huron Consulting Group Investor Investigation

PRLog (Press Release) - Aug 03, 2009 -
An investigation on behalf of investors in Huron Consulting Group (Public, NASDAQ:HURN) over potential claims against Huron Consulting Group, Inc. (NASDAQ:HURN), concerning possible securities violations related to public statements made by the Huron Consulting concerning its financial performance for certain annual and quarterly periods between April 27, 2006 and July 31, 2009.

If you purchased Huron Consulting Group (Public, NASDAQ:HURN) between April 27, 2006 and July 31, 2009, you have certain options and you should contact the Shareholders Foundation, Inc at:

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

According to the investigation by a law firm the investigation focuses on allegations that Huron Consulting Group issued inaccurate financial statements between April 27, 2006 and July 31, 2009. On July 31, 2009, Huron Consulting Group  announced that its previously reported financial results for the fiscal years 2006, 2007 and 2008 and the first quarter of 2009 should no longer be relied upon and must be restated because the Huron Consulting understated non-cash compensation expenses related to certain acquired businesses. As a result of this news, so the investigation, shares of Huron Consulting Group (NASDAQ: HURN) declined in after-hours trading on July 31, 2009, from the closing price of $44.35 to less than $19 per share. Huron Consulting Group Inc., located in Chicago, IL , is an provider of operational and financial consulting services. Huron Consulting operates through four business segments: Health and Education Consulting, Accounting and Financial Consulting, Legal Consulting and Corporate Consulting. Huron Consulting Group reported in 2007 Total Revenue of $547.95million with a Net Income of $41.90million and in 2008 Total Revenue of $672.18million with a Net Income of $40.65million. Shares of Huron Consulting Group (Public, NASDAQ:HURN) traded recently at $44.35 per share, down from a 52weekHigh of $66.45 per share, $71.47 per share in 2008, and over $80 per share in 2007.

If you purchased Huron Consulting Group (Public, NASDAQ:HURN) between April 27, 2006 and July 31, 2009, you have certain options and you should contact the Shareholders Foundation, Inc at:

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com
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