For-Profit College Co. Made $11B In False Claims: US

Law360, New York (August 8, 2011, 7:46 PM EDT) -- The federal government and four states sued Education Management Corp. in Pennsylvania federal court on Monday, intervening in a whistleblower case brought by two former employees that accuses the for-profit college company of falsely claiming it was eligible for $11 billion in federal education funding.

The government said in May that it had planned to intervene in the case, which was originally filed by private citizens in 2007.

Education Management, which runs 105 schools in the U.S. and Canada, is accused of making false claims under...
To view the full article, register now.