SANTA ANA, Calif. - Last week, our I-Team told you about ongoing investigations by the U.S. Department of Education involving Everest University and its parent company, Corinthian Colleges Inc.
Now we have learned that the U.S. Justice Department has launched a criminal investigation into the company as well.
We've learned from a document filed with the SEC that Corinthian admits that it has been issued a grand jury subpoena for records by the U.S. Attorney's Office in the Central District of California.
The I-Team reached out to the company and a spokesperson said it intends to fully cooperate with the request.
The document says that, in part, the subpoena is seeking job placement records, graduation rates, information about aid, and advertising and marketing materials.
Last week, we reported that the company had entered into an agreement with the U.S. Department of Education to sell its 10 Florida campuses as that department investigates many of the same concerns.
We have learned the Florida Attorney General's Office has received 127 complaints about Everest since 2011, which are still under investigation.
The company says, if necessary, it is fully prepared to vigorously defend its policies, practices and track record of serving students.