ITT Ch. 7 Trustee Says CEO, Board Failed To Save School
By Rick Archer ( June 6, 2018, 9:14 PM EDT) -- ITT Educational Services Inc.'s Chapter 7 trustee has filed a suit in Indiana bankruptcy court claiming the company's "freefall bankruptcy" was the result of CEO Kevin Modany's failure to act in the face of a legal and financial crisis and the board's failure to fire him....
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