Book,
Education company under investigation
Chronicle of Higher Education, (2005)
Abstract
The article reports that Career Education Corp., one of the biggest for-profit higher-education companies in the U.S., disclosed last month that the Department of Education had put a freeze on approving new applications for additional campuses or acquisitions while it examines the company's financial records and compliance with federal student-aid regulations. Career Education already faces lawsuits from stockholders who say they suffered financially because the company did not promptly disclose information that could be relevant to its financial performance.
Tags
- actions
- career
- corp.
- defenses
- dept.
- disclosure
- education
- information
- of
- states
- states.
- stockholders
- united
- \&
