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SEC informally probing Univ. of Phoenix's parent company

Phoenix : NY : USA | about 1 month ago  
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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 costs for a lawsuit related to its recruitment...
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  • 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...
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