February 6, 2018 / 2:20 PM / 7 months ago

BRIEF-Career Education Says Entered Into Settlement Agreement - SEC Filing

Feb 6 (Reuters) - Career Education Corp:

* CAREER EDUCATION SAYS ENTERED INTO SETTLEMENT AGREEMENT AS OF FEB 2, IN SURRETT, ET AL. V. WESTERN CULINARY INSTITUTE, LTD, CO - SEC FILING

* CAREER EDUCATION - IF ALL SETTLEMENT CLASS MEMBERS RETURNED VALID CLAIM FORMS TOTAL AMOUNT WOULD BE ABOUT $14.0 MILLION

* CAREER EDUCATION CORP - CO’S LIABILITY PURSUANT TO SETTLEMENT IS ESTIMATED TO BE AT LEAST $2.8 MILLION

* CAREER - AS PER SETTLEMENT TERMS, CO TO PAY SETTLEMENT CLASS MEMBERS WHO COMPLETE, SIGN AND RETURN A CLAIM FORM WITHIN 90 DAYS OF MAILING CLAIM FORM Source text: (bit.ly/2FRCoqy) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below