Here's the CFBP case against ITT Tech .............http://files.consumerfinance.gov/f/201402_cfpb_complaint_ITT.pdf
2 replies (most recent on top)
Anonymous53810, it's more than news, it's history--and evidence of a failing corporate structure that employees and students should know about. In 2014, Corinthian Colleges and Education Management Corporation were the first big for-profit colleges to fall. ESI may be the next big one to crash. Look at the patterns I have already posted. ESI is taking on a mountain of debt as their enrollments and revenues plummet. Key people have dropped out, including the CEO and the external auditor (PWC). Add the CFTC case and you have a corporate train wreck. If it weren't for investor and CA Regent Richard Blum (Senator Dianne Feinstein's husband), the crash of ITT Tech could happen sooner.
You're posting in December a link to a document filed in February as if it's news?