Education Management settles legal dispute with San Francisco

|About: Education Management Corp... (EDMC)|By:, SA News Editor

Education Management (EDMC +3.4%) enters into an agreement with the City of San Francisco to resolve a legal dispute over a number of issues tied to recruiting and job placement reporting.

As part of the deal reached wit the city, the company will pay $4.4M while not admitting any liability.

SEC Form 8-K