October 28, 2011
An Arizona federal judge on Thursday tossed a consolidated class action alleging the operator of the University of Phoenix hid from investors shady recruiting practices that caused the company's stock price to tank, saying the complaint didn't meet the necessary pleading standards.
April 20, 2011
The University of Phoenix's operator on Tuesday blasted a consolidated class action in Arizona alleging it hid from investors shady recruiting practices that caused the company's stock price to tank, saying the complaint lacks even the most rudimentary requirements for alleging fraud.