News Source: Arizona Daily star
| about 1 month ago
The Securities and Exchange Commission's Enforcement Division has begun an informal probe of Apollo's "revenue recognition," the company said Tuesday in a written statement. The company also expects to pay about $80.5 million in settlement and legal...
News Source: Palm Beach Post
| about 1 month ago
Shares of for-profit education companies tumbled Wednesday a day after Apollo Group Inc., one of the largest and oldest of the companies, said the Securities and Exchange Commission had launched an "informal inquiry" into its revenue accounting...