NEW YORK, NY / ACCESSWIRE / June 29, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

HALL Shareholders Click Here: https://www.zlk.com/pslra-1/hallmark-financial-services-inc-loss-submission-form?prid=7608&wire=1
LOPE Shareholders Click Here: https://www.zlk.com/pslra-1/grand-canyon-education-inc-loss-form?prid=7608&wire=1
FSCT Shareholders Click Here: https://www.zlk.com/pslra-1/forescout-technologies-inc-loss-submission-form?prid=7608&wire=1

* ADDITIONAL INFORMATION BELOW *

Hallmark Financial Services, Inc. (HALL)

HALL Lawsuit on behalf of: investors who purchased March 5, 2019 - March 17, 2020
Lead Plaintiff Deadline : July 6, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/hallmark-financial-services-inc-loss-submission-form?prid=7608&wire=1

According to the filed complaint, during the class period, Hallmark Financial Services, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; (2) the Company improperly accounted for reserve for unpaid losses and loss adjustment expenses related to its Binding Primary Commercial Auto business; (3) as a result, Hallmark Financial would be forced to report a $63.8 million loss development for prior underwriting years; (4) as a result, Hallmark Financial would exit from its Binding Primary Commercial Auto business; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Grand Canyon Education, Inc. (LOPE)

LOPE Lawsuit on behalf of: investors who purchased January 5, 2018 - January 27, 2020
Lead Plaintiff Deadline : July 13, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/grand-canyon-education-inc-loss-form?prid=7608&wire=1

According to a filed complaint, statements made by Defendants were false and/or misleading because, following Grand Canyon's spin-off of its educational assets as Grand Canyon University ("GCU"): (i) GCU would not be a proper non-profit organization as it would remain under the control of Grand Canyon, and (ii) Grand Canyon would not be a third-party service provider to GCU but rather would continue to effectively operate the entity, and (iii) Grand Canyon employees served as executives of GCU and (iv) GCU functioned as an off-balance-sheet entity to which Grand Canyon would be able to funnel expenses and costs in exchange for a disproportionate amount of revenue, thereby inflating Grand Canyon's financial results.