4 ms·
It seems there have been multiple lawsuits filed semi-recently against ITT. Here's a story about one from last year which was started by a former employee and
by comex 10y ago
It seems there have been multiple lawsuits filed semi-recently against ITT. Here's a story about one from last year which was started by a former employee and later joined by the DoJ; you can skim it for some allegations about ITT deceiving students:
https://consumerist.com/2016/01/21/whistleblower-lawsuit-accuses-itt-tech-of-defrauding-government-using-deceptive-recruitment-practices/ https://consumerist.com/2016/01/21/whistleblower-lawsuit-acc...
direct link to complaint: https://consumermediallc.files.wordpress.com/2016/01/lipscomb-v-itt.pdf https://consumermediallc.files.wordpress.com/2016/01/lipscom...
A separate suit was filed by the SEC around the same time alleging that ITT deceived investors and auditors regarding the financials of its student loan program:
https://www.sec.gov/news/pressrelease/2015-86.html https://www.sec.gov/news/pressrelease/2015-86.html
http://www.sec.gov/litigation/complaints/2015/comp-pr2015-86.pdf http://www.sec.gov/litigation/complaints/2015/comp-pr2015-86...
There are others.