Brief: Career Education Says Entered Into Settlement Agreement - SEC Filing

Perdoceo Education

06/02/2018 14:08

Feb 6 (Reuters) - Career Education Corp  CECO.O : 
    * CAREER EDUCATION SAYS ENTERED INTO SETTLEMENT AGREEMENT AS 
OF 
FEB 2, IN SURRETT, ET AL. V. WESTERN CULINARY INSTITUTE, LTD, CO 
- SEC FILING 
    * CAREER EDUCATION - IF ALL SETTLEMENT CLASS MEMBERS 
RETURNED 
VALID CLAIM FORMS TOTAL AMOUNT WOULD BE ABOUT $14.0 MILLION 
    * CAREER EDUCATION CORP - CO'S LIABILITY PURSUANT TO 
SETTLEMENT IS 
ESTIMATED TO BE AT LEAST $2.8 MILLION 
    * CAREER - AS PER SETTLEMENT TERMS, CO TO PAY SETTLEMENT 
CLASS 
MEMBERS WHO COMPLETE, SIGN AND RETURN A CLAIM FORM WITHIN 90 
DAYS OF MAILING CLAIM FORM 
 
Source text: (http://bit.ly/2FRCoqy) 
Further company coverage:  CECO.O  
 
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