Updated: Harwood Feffer LLP Announces Investigation of Corinthian Colleges Inc. - WKRN News 2

Updated: Harwood Feffer LLP Announces Investigation of Corinthian Colleges Inc.

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SOURCE Harwood Feffer LLP

NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Corinthian Colleges Inc. ("Corinthian" or the "Company") (NASDAQ: COCO), concerning whether the board has breached its fiduciary duties to shareholders.

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Corinthian has long been plagued with regulatory and compliance problems.  On February 5, 2014, the Company disclosed that it had received a letter from the U.S. Department of Education seeking extensive documentation of job placement rates.  The falsification of job placement rates is a particularly serious problem for education providers because it can result in the loss of eligibility to receive Title IV student loan funds.

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own Corinthian shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq. 
Matthew M. Houston, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400 
                           (212)935-7400
Email:  bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

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