Calif. AG Sues For-Profit College Company

Category: More headlines,News |
         Email
Print Friendly

by Associated Press

SAN FRANCISCO—California’s attorney general is suing a for-profit college company, alleging it misrepresented job placement rates and school programs to lure low-income state residents.

The Attorney General’s Office filed the lawsuit against Corinthian Colleges Inc. on Thursday. According to the AG’s Office, Santa Ana-based Corinthian and its subsidiaries operate Everest, Heald and WyoTech colleges and have 81,000 students.

The lawsuit accuses Corinthian of false and predatory advertising, intentional misrepresentation to students, securities fraud and unlawful use of military seals in advertisements.

Harris called the company’s practices “predatory” in a statement and said they were designed to rake in profits and mislead investors.

Company spokesman Kent Jenkins said he had just become aware of the suit and hadn’t had a chance to review it.

The company’s website says it has more than 111 schools throughout North America.

Semantic Tags:

Related articles

Veteran Out-of-State Tuition Row Intensifies

Big Student Debt Could Limit Schools’ Financial Aid Access

For-profit College Firm Stocks Dive Following Loan Data Disclosure

Proposed Federal Rules Target For-profit Colleges

Report: For-Profit Schools Better Value for Low-Income Students Than Two-Year Publics

Lawsuit Charges For-Profit Atlanta University With Fraud

ACT Inc. Board, CEO Paid Higher Than Most Nonprofits

The Secrets Behind Their Success

Recent Tweets From Diverse

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>