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Violation Tracker Individual Record

Company: Sollers, Inc.
Penalty: $4,600,000
Year: 2023
Date: October 18, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Sollers, Inc. agreed to pay $4.6 million to resolve allegations that the school used false and misleading job advertisements to funnel students into its high-cost information technology programs and falsely claimed that Income Share Agreements requiring students to pledge a portion of their future income in exchange for upfront money to pay for the programs were not loans and would not create debt.
Level of Government: state
Action Type: agency action
Agency: New Jersey Attorney General
Civil or Criminal Case: civil
Facility State: New Jersey
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.