Don Bauder 7:30 a.m., Aug. 28
AG charges Corinthian Colleges with false advertising
In July, AG asked for documents from San Diego's Bridgepoint
The California Attorney General's office filed suit today (Oct. 10) against Corinthian Colleges, a Santa Ana-based for-profit university, accusing the company of false advertising, misrepresentations to students, and securities fraud.
Corinthian identified its core demographic with words such as "isolated," "low self-esteem," and "impatient," according to the Los Angeles Times.
In July, the AG's office asked a court to order Bridgepoint Education, a controversial for-profit university based in San Diego, to turn over hundreds of thousands of documents and records. This was also part of the state's investigation of possible fraudulent advertising at for-profit schools.
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- Will Wall Street Cool on Bridgepoint? — May 9, 2012