California Judge Orders Corinthian to Pay $1.17 Billion

March 24, 2016

A California judge on Wednesday ordered the defunct Corinthian Colleges to pay $1.17 billion because of what he found to be false advertising and other practices that misled students into enrolling and borrowing money to pay tuition, The Los Angeles Times reported. The ruling came in a suit filed by Kamala D. Harris, the California attorney general. The ruling said Corinthian misled students through false statistics about job placement rates and the unlawful use of U.S. military seals in advertisements, among other practices. The ruling calls for Corinthian to pay $820 million to former students and $350 million in civil penalties. It is unclear how much money Corinthian still has.

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