Jeff Smith 8 p.m., Aug. 30
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.
More like this:
- Sorry, Wall Street darling — July 5, 2014
- SD's for-profit colleges devour GI Bill bucks — June 29, 2014
- Government Waters Down For-Profit College Regulations — June 2, 2011
- NY Times Questions For-Profit Colleges' Exploitation of Veterans. Bridgepoint Criticized — Dec. 9, 2010
- Stocks of For-Profit Colleges Zoom on Rumors — July 19, 2010