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Company: Corinthian Schools, Inc. and Titan Schools, Inc.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $6,500,000
Year: 2007
Date: July 31, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Corinthian Schools, Inc. and Titan Schools, Inc. agreed to pay $6.5 million, including $5.8 million in consumer restitution, to settle a lawsuit alleging that the for-profit vocational operator engaged in false advertising and unlawful business practices by presenting inaccurate salary and employment information to 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
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