Laura Ferguson 1:52 p.m., June 26
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