- Guaranty agency buys most of crumbling for-profit Corinthian Colleges in U.S.
- Corinthian Colleges contemplates sale amid declining enrollment and revenue
- Federal regulators accuse Corinthian Colleges of predatory lending scheme, strong-arm debt collection tactics
- Feds respond to criticism of bid by ECMC to buy most of Corinthian
- Major for-profit chain faces bankruptcy as feds turn up heat
Kamala D. Harris, California's attorney general, on Thursday filed a lawsuit against Corinthian Colleges, alleging that the for-profit chain targeted low-income students with false and predatory advertising. The suit alleges that Corinthian, which operates Everest, Heald and WyoTech Colleges, misled potential students about job placement rates. A Corinthian spokesman, in a written statement, said company officials had not had time to review the suit in detail. But the company plans to "vigorously" defend itself, he said.
Search for Jobs
Popular Job Categories