Brief: Career Education Corporation Reaches Significant Agreements To Resolve Multi-State Inquiry

Perdoceo Education

03/01/2019 17:59

Career Education Corp  CECO.O :
    * CAREER EDUCATION CORPORATION REACHES SIGNIFICANT
AGREEMENTS TO
RESOLVE MULTI-STATE INQUIRY
    * CAREER EDUCATION CORP - REACHED AGREEMENTS WITH ATTORNEYS
GENERAL FROM 48 STATES AND DISTRICT OF COLUMBIA
    * CAREER EDUCATION CORP - REACHED AGREEMENTS TO BRING
CLOSURE TO
MULTI-STATE ATTORNEYS GENERAL INQUIRY ON-GOING SINCE JANUARY
2014
    * CAREER EDUCATION CORP - IN CONNECTION WITH THE AGREEMENTS,
COMPANY EXPECTS TO RECORD A TOTAL PRE-TAX CHARGE OF $6.3 MILLION
    * CAREER EDUCATION CORP - AS PART OF AGREEMENTS "COMPANY
EXPRESSLY
DENIED ANY ALLEGATIONS OF WRONGDOING OR LIABILITY"

Source text for Eikon:  ID:nBw7qX87Ha 
Further company coverage:  CECO.O