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> If Career Education has any capital left, there's potential for a class action. I'm guessing there isn't any capital left.
by vinceguidry 8y ago
> If Career Education has any capital left, there's potential for a class action.
I'm guessing there isn't any capital left.
- leereeves 8y agoIs it possible to sue the executives and investors? Morally it seems appropriate. Execs who participated in or knew about and didn't report fraud sound like accomplices, and investors who received the proceeds of criminal activity shouldn't be able to keep those proceeds.
- vinceguidry 8y agoPiercing the veil is deliberately kept difficult by the justice system. You need concrete proof, which is easily destroyed.