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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;

Stock News for Bridgepoint Educatio (BPI)
05/26/201617:00:43Current Report Filing (8-k)
05/24/201617:08:48Current Report Filing (8-k)
05/24/201615:01:01Confidential Treatment Order (ct Order)
05/24/201615:00:33Confidential Treatment Order (ct Order)
05/20/201616:26:06Current Report Filing (8-k)
05/03/201616:39:02Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
05/03/201616:25:51Quarterly Report (10-q)
05/03/201616:12:12Current Report Filing (8-k)
05/03/201616:05:00Bridgepoint Education Reports First Quarter 2016 Results
04/25/201620:00:00Bridgepoint Education Schedules First Quarter 2016 Earnings Conference...
04/15/201616:21:01Statement of Changes in Beneficial Ownership (4)
04/06/201616:58:21Additional Proxy Soliciting Materials (definitive) (defa14a)
04/06/201616:55:54Proxy Statement (definitive) (def 14a)
03/31/201619:43:35Statement of Changes in Beneficial Ownership (4)
03/31/201619:42:28Statement of Changes in Beneficial Ownership (4)
03/31/201619:42:02Statement of Changes in Beneficial Ownership (4)
03/31/201619:41:34Statement of Changes in Beneficial Ownership (4)
03/31/201619:40:38Statement of Changes in Beneficial Ownership (4)
03/31/201619:40:11Statement of Changes in Beneficial Ownership (4)
03/31/201619:39:43Statement of Changes in Beneficial Ownership (4)

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