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Violation Tracker Individual Record

Company: Corinthian Colleges, Inc.
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Penalty: $1,170,025,000
Year: 2016
Date: March 23, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-ScandalStudent Loan and For-Profit College Abuses
Violation Description: The California Attorney General announced that her office had obtained a $1.1 billion judgment against defunct Corinthian Colleges, Inc. for predatory and unlawful practices. While CCI filed for bankruptcy in May 2015, the hope was that the judgment could help secure further relief for struggling students.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.