Third Amended Securities Class Action Complaint Dismissed With Prejudice
25 Avril 2006 - 2:45PM
PR Newswire (US)
SANTA ANA, Calif., April 25 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (NASDAQ:COCO) announced today that the United States
District Court for the Central District of California has granted
the Company's motion to dismiss the third amended federal
securities class action complaint. The complaint was dismissed with
prejudice and will not be heard again by the district court. The
plaintiff has the right to appeal the decision to an appellate
court. The Company believes the complaint is without merit and will
continue to defend vigorously against it. About Corinthian
Colleges, Inc. Corinthian Colleges, Inc. is one of the largest
post-secondary education companies in North America, operating 97
schools in 25 states in the U.S. and 34 schools in seven provinces
in Canada. The Company's mission is to help students prepare for
careers that are in demand or advance in their chosen career.
Corinthian offers diploma programs and associate's, bachelor's, and
master's degrees in a variety of fields, including healthcare,
business, criminal justice, transportation maintenance, trades and
technology. Contacts: Investors: Anna Marie Dunlap SVP Investor
& Corporate Communications Corinthian Colleges, Inc.
714-424-2678 Media: Robert Jaffe Pondel Wilkinson, Inc.
310-279-5969 DATASOURCE: Corinthian Colleges, Inc. CONTACT:
Investors, Anna Marie Dunlap, SVP Investor & Corporate
Communications of Corinthian Colleges, Inc., +1-714-424-2678; or
Media, Robert Jaffe of Pondel Wilkinson, Inc., +1-310-279-5969, for
Corinthian Colleges, Inc. Web site: http://www.cci.edu/
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