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Company: Conduent Education Services dba ACS Education Services
Current Parent Company:
Conduent
Parent at the Time of the Penalty Announcement:
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Penalty: $3,250,000
Year: 2022
Date: December 2, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Conduent agreed to pay over $3 million to settle litigation alleging it failed to provide certificates to borrowers needed to prepay loans.
Level of Government: federal
Action Type: private litigation
Court: Northern District of New York
Civil or Criminal Case: civil
Case ID: 1:18-cv-00075
Case Name: Chery v. Conduent Education Services, LLC et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: outsourced services
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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