July 26, 2013
A Virginia federal judge gave final approval to online educator K12 Inc.'s $6.8 million settlement with stockholders Thursday, ending a row over whether the company misled investors about its enrollment and student performance, according to a filing in Virginia federal court.
September 18, 2012
Online education provider K12 Inc. lost a bid Friday to dismiss a putative shareholder class action in Virginia federal court alleging it duped investors by touting revenue growth based on improper enrollment and academic assessments in its virtual schools.
January 31, 2012
Online education provider K12 Inc. was hit with a shareholder class action Monday in Virginia federal court alleging it deceived investors by touting revenue growth based on improper enrollment and academic assessments in its schools, after a New York Times article raised questions about its practices.