- Education Management (NASDAQ:EDMC) reached a $95.M settlement with the DOJ to resolve a lawsuit filed by the government.
- The company was accused of using deceptive recruiting tactics.
- As part of the settlement, Education Management will forgive debts of students who enrolled for classes between 2006 and 2014, but dropped out in fewer than 45 days.
Education Management settles with DOJ
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Education Management Corporation |