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Violation Tracker Individual Record

Company: K12 Inc.
Current Parent Company: Stride Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $168,500,000
Year: 2016
Date: July 8, 2016
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: price-fixing or anti-competitive practices
Violation Description: The California Attorney General a $168.5 million settlement agreement -- including $160 million in debt relief -- with K12 Inc., a for-profit online charter school operator, and the 14 affiliated non-profit schools known as the California Virtual Academies that it managed, over alleged violations of California's false claims, false advertising and unfair competition laws.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: educational services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.