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Attorney General Lynch Announces $95.5 Million Settlement with For-Profit College Company
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Attorney General Lynch Announces $95.5 Million Settlement with For-Profit College Company
The United States has reached a landmark global settlement with Education Management Corp. (EDMC), the second-largest for-profit education company in the country, the Department of Justice announced today. The $95.5 million settlement resolves allegations that EDMC violated federal and state False Claims Act (FCA) provisions by falsely certifying that it was in compliance with Title IV of the Higher Education Act (HEA) and parallel state statutes.
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Updated February 5, 2025