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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
04/23/201516:54:46Amended Statement of Beneficial Ownership (sc 13d/a)
04/20/201507:05:00Career Education Corporation Announces First Quarter 2015 Earnings...
04/16/201516:00:00The Law Firm Of Morgan & Morgan Launches An Investigation Into...
04/08/201515:57:12Initial Statement of Beneficial Ownership (3)
04/08/201515:56:42Initial Statement of Beneficial Ownership (3)
04/08/201508:11:32Additional Proxy Soliciting Materials (definitive) (defa14a)
04/08/201508:02:21Proxy Statement (definitive) (def 14a)
04/07/201508:05:00American InterContinental Universityâs Human Resource Management B...
04/02/201508:00:00Colorado Technical University Announces Call for Annual Wounded...
04/01/201511:30:00Harrington College of Design Announces Intent to Enter into Agreement...
03/23/201519:11:47Career Education CFO Simpson leaving
03/23/201517:17:12Current Report Filing (8-k)
03/23/201517:15:00Career Education Announces Chief Financial Officer Transition
03/23/201517:08:30Amended Statement of Beneficial Ownership (sc 13d/a)
03/17/201515:18:56Statement of Changes in Beneficial Ownership (4)
03/17/201515:17:38Statement of Changes in Beneficial Ownership (4)
03/17/201515:16:42Statement of Changes in Beneficial Ownership (4)
03/17/201515:15:45Statement of Changes in Beneficial Ownership (4)
03/16/201509:01:00The National Security Agency & Department of Homeland Security...
03/12/201516:00:46Statement of Changes in Beneficial Ownership (4)

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