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Company: Career Education Corporation
Current Parent Company:
Perdoceo Education Corporation
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $10,250,000
Year: 2013
Date: August 19, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Career Education Corporation agreed to pay $10.25 million to settle allegations that in disclosures made to students, accreditors, and New York State it significantly inflated its graduates' job placement rates.
Level of Government: state
Action Type: agency action
Agency: New York Attorney General
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: educational services
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.