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Washington Post's Kaplan Being Investigated By Illinois AG

By Melissa Korn Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Washington Post Co.'s (WPO) Kaplan Higher Education is being investigated by the Illinois Attorney General, adding to a growing list of for-profit colleges being scrutinized at the state level. According to a securities filing Wednesday, the company received a Civil Investigative Demand from the state on Feb. 7. Post Co. said the demand "primarily" seeks information on Illinois residents who attend Kaplan University's online program. The company said it is reviewing the demand and intends to cooperate, but cannot yet predict the outcome of the inquiry. A Kaplan representative declined further comment. Kaplan also was named in an investigation by Florida's Attorney General in October. That probe sought information from six for-profit schools--five publicly traded--on potential misrepresentations in financial aid, recruitment and other areas. Washington Post said in the securities filing that Kaplan has been in discussions with that state regarding the subpoena and determining a "reasonable time frame" by which it must hand over information. Meanwhile, Bridgepoint Education Inc. (BPI) said in a securities filing last month that the Iowa Attorney General is looking into its Ashford University, and in December, the Kentucky attorney general launched a probe into six unnamed for-profit schools in that state. -By Melissa Korn, Dow Jones Newswires; 212-416-2271; melissa.korn@dowjones.com

Stock News for Career Education (CECO)
DateTimeHeadline
06/29/201510:45:00Career Education Expresses Condolences upon Death of Former Board...
06/18/201507:05:00Career Education Transfers Ownership of Brooks Institute to gphomestay
06/16/201517:03:05Statement of Changes in Beneficial Ownership (4)
06/04/201515:32:51Statement of Changes in Beneficial Ownership (4)
06/01/201508:00:00Colorado Technical University Ranked as One of “Best for Vets” Bus...
05/22/201509:03:30Current Report Filing (8-k)
05/20/201517:32:49Statement of Changes in Beneficial Ownership (4)
05/20/201517:32:24Statement of Changes in Beneficial Ownership (4)
05/20/201517:31:57Statement of Changes in Beneficial Ownership (4)
05/20/201517:31:57Statement of Changes in Beneficial Ownership (4)
05/20/201517:31:31Statement of Changes in Beneficial Ownership (4)
05/20/201517:31:31Statement of Changes in Beneficial Ownership (4)
05/20/201517:31:30Statement of Changes in Beneficial Ownership (4)
05/18/201517:05:18Amended Statement of Beneficial Ownership (sc 13d/a)
05/14/201508:21:39Additional Proxy Soliciting Materials (definitive) (defa14a)
05/14/201508:17:12Current Report Filing (8-k)
05/14/201508:15:00David W. Devonshire Submits Resignation From Career Education...
05/11/201511:30:00Olympian and World-Champion Skeleton Slider, Noelle Pikus Pace...
05/08/201512:38:50Additional Proxy Soliciting Materials (definitive) (defa14a)
05/06/201518:01:36Career Education to Divest Non-Core Colleges, Narrows Loss

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