Thread regarding University of Phoenix layoffs

Federal Lawsuit Accuses For-Profit Schools of Fraud (Front Page NY Times)

http://www.nytimes.com/2014/02/20/us/lawsuit-accuses-for-profit-schools-of-fraud.html?hpw&rref=us&_r=0.....This may be the way that more for-profit schools are taken down, through a few whistleblowers and use of the False Claims Act....."The lawsuit is unusual in that it is filed under the federal False Claims Act, charging that the conduct of Harris and Premier defrauded the federal government. Under that law, a defendant can be found liable for triple the actual damages, potentially enough to put Premier out of business, and the whistle-blowers can reap hefty paydays, collecting as much as 30 percent of any verdict award, which Premier’s lawyers say is a motive for the suit."

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