NEW YORK, June 13, 2013 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Corinthian Colleges Inc. ("Corinthian" or the
"Company") (NASDAQ: COCO), concerning whether the board has
breached its fiduciary duties to shareholders.
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On June 11, 2013, Corinthian
announced that it had received a subpoena from the SEC requesting
that the Company produce documents and communications related to
student information in areas including recruitment, attendance,
completion, placement, and loan defaults. These materials are
relevant to whether Corinthian has maintained its eligibility to
receive Title IV student loan funds under Department of Education
rules.
Our investigation concerns whether the Company board of
directors has breached its fiduciary duties to shareholders,
grossly mismanaged the Company, and/or committed abuses of control
in connection with the foregoing.
If you own Corinthian shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
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Robert I. Harwood,
Esq.
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Matthew M. Houston,
Esq.
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Benjamin I.
Sachs-Michaels, Esq.
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Harwood Feffer
LLP
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488 Madison
Avenue
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New York, New York
10022
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Phone
Numbers:
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(877)
935-7400
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(212)935-7400
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Email:
bsachsmichaels@hfesq.com
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Website:
http://www.hfesq.com
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Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2013 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP