Brief: Career Education Corp and American Intercontinental University entered into a settlement agreement with Private Plaintiffs

Perdoceo Education

21/02/2017 21:23

Feb 21 (Reuters) - Career Education Corp  CECO.O  
    * On february 15, 2017, Co and American Intercontinental 
University entered into a settlement agreement with Private 
Plaintiffs 
    * Under terms of agreement, company will pay $10 million to 
United States - SEC filing 
    * In addition to settlement, entered into separate 
settlement deal with private plaintiffs for claims for 
attorney's fees, costs 
    * Under terms of this agreement company will pay $22 million 
to attorneys representing private plaintiffs 
 
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