Government,
Education Law,
Civil Litigation
Aug. 22, 2017
Loan underwriter in Corinthian Colleges case agrees to pay $51M settlement
A Los Angeles County judge has approved a $51 million settlement negotiated by Attorney General Xavier Becerra with Aequitas Capital Management Inc., a loan underwriter implicated in the Corinthian Colleges Inc. scandal.
A Los Angeles County judge has approved a $51 million settlement negotiated by Attorney General Xavier Becerra with Aequitas Capital Management Inc., a loan underwriter implicated in the Corinthian Colleges Inc. scandal.
Judge Terry A. Green’s signature on Monday made final a tentative settlement announced Friday. The money will be used to repay up to 38,000 former students in California defrauded by Corinthian.
$95
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In