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Facing lawsuits and financial losses, Chubb Corporation put the school for sale in 2004 and eventually sold it for $1 to a partnership of private equity firms called Great Hill Partners and the High-Tech Institute, a network of similar technical schools based in Phoenix, Arizona. Chubb Corporation recognized a $31 million loss from the sale.
In re: High-Tech Employee Antitrust Litigation ( U.S. District Court, Northern District of California 11-cv-2509 [10]) is a class-action lawsuit on behalf of over 64,000 employees of Adobe, Apple Inc., Google, Intel, Intuit, Pixar and Lucasfilm (the last two are subsidiaries of Disney) against their employer alleging that their wages were ...
In November 2000, Afshin Zarinebaf, Ali Mousavi, and another graduate of one of DeVry University's Chicago-area campuses filed a class-action lawsuit accusing DeVry of widespread deception, unlawful business practices, and false advertising, alleging that students were not being prepared for high-tech jobs. The lawsuit contributed to a 20% ...
The ad was presented as "An Open Letter to President Clinton from 240 Economists on Antitrust Protectionism." It said in part, "Consumers did not ask for these antitrust actions – rival business firms did. Consumers of high technology have enjoyed falling prices, expanding outputs, and a breathtaking array of new products and innovations. ...
Colorado Technical University ( CTU) is a private for-profit university with its main campus in Colorado Springs, Colorado. Founded in 1965, CTU offers undergraduate, graduate, and doctoral degrees, primarily in business, management, and technology. About 92% of Colorado Tech's students are fully online. [3]
The following June 1986, Puget Sound Institute of Technology was acquired with extensions in Everett, Federal Way, and Seattle. Torrance, CA: Bryman College in Torrance was founded in 1994 as Harbor Medical College for the purpose of providing high-quality, entry-level training designed to help meet the needs of the medical community. The ...
February 29, 2024 at 8:00 AM. A prominent Sacramento law firm that represents police officers and sheriff’s deputies in the capital region is suing a computer firm for more than $1 million ...
Coordinates: 42°2′0″N 88°1′57″W. The International Academy of Design and Technology ( IADT) was a private for-profit media arts college in the United States with over ten branches. It was owned by Career Education Corporation. The institution was briefly merged with Sanford-Brown in 2014 before being closed in 2015.