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.
- Guaranty agency buys most of crumbling for-profit Corinthian Colleges in U.S.
- U.S. Fines Corinthian Colleges $30 Million and Effectively Closes Heald Chain
- Corinthian Colleges contemplates sale amid declining enrollment and revenue
- Corinthian ends operations at remaining campuses, affecting 16,000 students
- Federal regulators accuse Corinthian Colleges of predatory lending scheme, strong-arm debt collection tactics
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