NEW YORK, June 21, 2013 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential securities fraud at Corinthian Colleges,
Inc. ("Corinthian" or the "Company") (NASDAQ: COCO).
(Logo:
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The investigation focuses on whether the Company and its
executives violated federal securities laws with respect to its
disclosures concerning business, operational, and compliance
policies.
On June 10, 2013, Corinthian
announced in a regulatory filing that the SEC began an
investigation into the Company and requested documents and
communications related to student recruitment, attendance,
completion, placement, and defaults on loans, as well as compliance
with U.S. Department of Education financial requirements,
standards, and ratios. On this news, Corinthian's share price
declined $0.67 or roughly 24%, to
close at $2.12 per share on
June 17, 2013.
Request more information now by clicking here:
www.faruqilaw.com/COCO. There is no cost or obligation to
you.
Take Action
If you invested in Corinthian stock or options between
August 23, 2011 and June 10, 2013 and would like to discuss your
legal rights, visit www.faruqilaw.com/COCO. You can also
contact us by calling Richard
Gonnello or Francis
McConville toll free at 877-247-4292 or at 212-983-9330 or
by sending an e-mail to rgonnello@faruqilaw.com or
fmcconville@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Corinthian's conduct
to contact the firm, including whistleblowers, former employees,
shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Francis McConville, Esq.
fmcconville@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
SOURCE Faruqi & Faruqi, LLP