Thread regarding Corinthian Colleges Inc. layoffs

CCI isn't just going to walk away from the CA AG lawsuit

CCI is NOT going to walk away from the CA AG lawsuit by paying a small fine. The lawsuit asks for injunctive relief. Maybe it settles out of court but it isn't likely to be for $6.7 million. Change that $6.7 million to be $67 million or even more. This is strictly a CIVIL lawsuit and NO criminal charges are pending. California is SERIOUS about this lawsuit as one of the allegations is that CCI violated the settlement provisions of the 1997 lawsuit.

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