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Company: DeVry University
Current Parent Company:
Cogswell Education
Parent at the Time of the Penalty Announcement:
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Penalty: $44,950,000
Year: 2022
Date: May 4, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal:
Student Loan and For-Profit College Abuses
Violation Description: An Illinois state appeals court upheld a $44 million settlement resolving false advertising litigation alleging that DeVry University misled students about the success and pay rates of its graduates.
Level of Government: state
Action Type: private litigation
Court: Cook County (IL) Circuit Court
Civil or Criminal Case: civil
Case ID: 2018-CH-04872
Case Name: VERSETTO, NICOLE vs. CLAIMANT
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: educational 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
Update Log.