Press Release Writing and News Distribution
Affordable Newswire Services and Targeted Distribution
Send2Press® - Press Release Writing, Targeted News Distribution and Media Relations since 1983 press release writing and distribution services from send2press
Newswire Services Press Release Writing Order Send2Press Services
Affordable Newswire Services and Targeted Distribution
BUSINESS WEB WIRE PR NEWSWIRE SERVICES
Press Release Distribution
PR Services
 Search:     
  Translate Page:  
 

U.S. and World News : Legal and Law News

Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts

Mon, 23 Jan 2006, 14:34:00 EST
Edited by Christopher Simmons Email this article Print this news article Share Content


SANTA ANA, CA (SEND2PRESS NEWSWIRE) -- [Original release date July 11, 2005] -- Corinthian Colleges, Inc. (NASDAQ: COCO) has received a favorable arbitration award in the case of Satz vs. Rhodes Colleges, Inc., Corinthian Colleges, Inc., and Florida Metropolitan University. Satz asserted claims on his own behalf and a putative class of similarly situated current and former students in the Company's Florida Metropolitan University ("FMU") campuses in Florida and online.

Satz alleged that FMU concealed the fact that it is not accredited by the Commission on Colleges of the Southern Association of Colleges and Schools ("SACS") and that FMU credits are not transferable to other institutions. The Company responded by presenting multiple written disclosures which plainly informed prospective students of FMU's accreditation and transfer of credit policy.

The arbitrator found for the Company on all counts. The Award on the Company's motion to dismiss stated: "The arbitrator concludes that Satz could not have acted reasonably in enrolling at FMU in reliance on the alleged oral misstatements made to him because they are contradicted by written statements and disclosures that were provided to him and which he acknowledged in writing at the time of entering into the enrollment agreement with FMU. Therefore, the College parties are entitled to an award in their favor on all claims."

The arbitrator also found that Satz breached his agreement with FMU by filing in court rather than seeking arbitration and is therefore responsible to pay FMU's damages associated with compelling the action to arbitration.

"We are up front with our students about accreditation and transfer of credit and we are pleased that the arbitrator agreed," said Jack D. Massimino, Corinthian's chief executive officer. "This frivolous lawsuit had no basis in fact and we are gratified by the arbitrator's decision. We will continue to defend the Company vigorously against similar groundless litigation."


About Corinthian Colleges, Inc.

Corinthian Colleges, Inc. (NASDAQ: COCO) is one of the largest post-secondary education companies in North America, operating 94 colleges in 24 states in the U.S. and 34 colleges and 15 corporate training centers in seven provinces in Canada. The Company's mission is to help students prepare for careers that are in demand or to advance in their chosen career. Corinthian offers diploma programs and master's, bachelor's and associate's degrees in a variety of fields, concentrating on careers in health care, business, criminal justice, transportation maintenance, trades and technology.

Certain statements in this press release may be deemed to be forward-looking statements under the Private Securities Litigation Reform Act of 1995. The Company intends that all such statements be subject to the "safe-harbor" provisions of that Act. Many important factors may cause the Company's actual results to differ materially from those discussed in any such forward-looking statements, including the risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission. The historical results achieved by the Company are not necessarily indicative of its future prospects. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



  NEWS SOURCE:  Corinthian Colleges, Inc.
 Send2Press® is the originating wire service for this story.

» Read More Legal and Law News
» Other Send2Press Industry News by Category

More Information and Media Contact:
For questions about this story, contact the news source:
» Click Here for Contact Information
THE CONTENT OF THE ABOVE NEWS STORY WAS PROVIDED BY THE NEWS SOURCE WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT SEND2PRESS (THIS WEBSITE).

R E A D E R   R E S O U R C E S
» E-mail This Article    » Printer-Friendly Version
» Choose RSS News Feeds by Topic
 Subscribe in a reader
Add News to Google   Add News to My Yahoo!   Add News to MyMSN   Add to My Wikio

Bookmark and/or share this content with your social network:
del.icio.us:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  digg:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  blinklist:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  furl:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  blogmarks:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  reddit:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts  Y!:Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts
Add to Mixx!

» Permalink for This Article
[ http://www.send2press.com/newswire/2006-01-0123-004.shtml ]


ADDITIONAL NEWS FROM
Corinthian Colleges, Inc.

» Corinthian Colleges Reports Favorable Arbitration Award in Satz Case - Arbitrator Finds in Favor of Company on All Counts

» More Legal and Law News  » Top of Page  » Home

J O U R N A L I S T   R E S O U R C E S

Media Copy of Original Press Release:
Plain Text Copy of News Article  PLAIN TEXT FORMAT (UTF-8)      PDF Text Copy of News Article  PDF FORMAT

» Weekly E-Mail News Summary    » RSS Feeds by Topic
» Add Our Headlines to Your Site Automatically (FREE)

Find More News Content About
Corinthian Colleges, Inc.

 Site Search:     


O T H E R   R E S O U R C E S
Business Tools:
» Send Your News to the Media
» Targeted News Distribution
» Press Release Writing and Editing
Webmaster Tools:
» Add Our Headlines to Your Website

 
T E R M S   O F   U S E
This article is Copr. © 1983-2008 Neotrope / Send2Press. Reproduction of this news article version requires written authorization. You may freely link to this article. Journalists (see the section "Journalist Resources" above) may use orig. news release as the basis for an article. News Websites may republish the "news release" text version linked to above under "Journalist Resources" except must retain "Send2Press Newswire" as the source of this news if used verbatim. Websites which offer/sell PR or newswire services, or web promotion services, or "splogs" may NOT reprint our content in ANY form. Send2Press Newswire is a service mark of, and "Send2Press" is a registered trademark of, Neotrope. Creative Commons - Some Rights Reserved (3.0) - Attribution Required.

DISCLAIMER: the above article is believed accurate but not guaranteed, and is based on business news supplied by the source (Corinthian Colleges, Inc.). The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.

REFERENCES: .
VIEWED BY MEDIA (and public): 5702 times (1 today, 1 this week, 68 this month, 1154 this year)

Legal and Law
Savvy Homeowners Are Turning the Table on Lenders
A Prosecutor's Anguish...The Untold Story of The Atlanta Courthouse Shootings
Guangdong Food Industry Institute / L&P Food Ingredients Vindicated by Initial ITC Determination regarding Patented Sucralose Manufacturing Technology
Acushield Financial Assists Attorney General McGraw in its Inquiry of the Services Received by West Virginia
'Family Friendly Employment Policy' Award for Jon A. Dorf
New Book: 'Valuation for Arbitration' - Damages Tools for Business Disputes
First China-Based Sucralose Manufacturer Confirms United States ITC Target Date Extension for Decision in Section 337 Sucralose Patent Infringement Investigation
Title Data Settles Dispute with the Texas Attorney General
Lawyer Requests The United Nations and European Union Impose Trade Sanctions on The United States and Arizona for Alleged Human Rights Violations
Most American's Wealth is Lost by the Third Generation
Career Insurance: New 24/7 Drunk Driving (DUI) Prevention Service for California's Major Cities
1-800-SKI VAIL Validated by The Court of Appeals in Trademark Lawsuit Against Vail Ski Area
Imus Remarks Damage Legacy of President Gerald R. Ford
Computer Forensics Show to Bow at Washington Convention Center February 4 - 6
Whosarat.com Offers $500 Prize for 'Most Interesting' New Informant (Snitch) Profile
Federal Judge Issues $780,000 Damage Award and Permanent Injunction Against Cyber-Pirate
Young Pop Singer Claims Songs Stolen, Distributed Online
Call to Action for Megan Williams: National March Against Hate Crimes and Racism
Yale Law Women Releases 2nd Annual List of the Top Ten Family-Friendly Firms
New Poll Shows Most U.S. Lawyers Would Not Represent Bin Laden in Court
Meriden Connecticut Attorney Continues Work at United Nations
Plaintiff Alleges Unjust Land Grab by State of Arizona in Excess of $3 Million
Bay State Detective Agency Protects Amateur Detectives from Information Law Violation
Ticketmaster/Evite Threatens Friendster Founder's New Website Socializr
Women's Law School Coalition Announces Its Launch as the First Inter-School Advocacy Organization for Women in the Legal Profession

» View All News Channels
» Press Release Services
» Send2Press Home Page

U.S. and World News
Happiness Spreads Through African Villages Thanks to Growing Contributions from Long Term Care Insurance Professionals
XP Vehicles Announces National Next-Generation Auto Industry Program for Recovery of the Auto Industry via Electric Cars
Rexin-G Controls Tumor Growth and Improves Survival in Chemotherapy-Resistant Soft Tissue Sarcoma and Osteosarcoma
Multi-Flow Industries Receives Gold Certificate of Recognition from Silliker Audit
Retail Expert Doug Fleener Tells Retail Employees How to Overcome Holiday Challenges
Women with Curves Can Now Get Denim Jeans that Fit Just Right
Partition Server Magic Tool: EASEUS Partition Manager Server Edition V2.1
Popping the Question on a Budget is Easier Than Ever with Online Jeweler Whiteflash
SaleAMP's Breakthrough Pay-for-Performance Marketing Service to Fuel Real Estate Rebound
Interim HealthCare Recognizes Outstanding Franchisees at National Clinical Symposium
Cognitive Technologies Supports PMO for APS Healthcare
USPTO Issues a Notice of Allowance for MMDI's BetaWire(TM) Guidewire Patent
GSA Approves SecuGen's SDA04(TM) OEM Fingerprint Module for FIPS 201 APL
Arthur Goes Green in New Board Game - Arthur(TM) Saves the Planet
New Laptop Table with 2 Built-In USB Fans
Shortness of Breath? Stronger Lungs for Better Breathing (100-percent Drug Free)
Savvy Homeowners Are Turning the Table on Lenders
Easeus Announces New Free Data Recovery
MoJo Sports Receives Patent for World's First Pitching Cage
Sales Talent Inc. Named a Fastest-Growing Private Company by Puget Sound Business Journal
XP Vehicles Submits Congressional Briefing for Auto Industry Funding Hearings
iExplore.com Surpasses 50 Million Visitors in All-Time Traffic
In Time for the Holidays, The Chocolate Coin Store Introduces a New Standard for Chocolate Coins
Read Magazines and Help to End Regional Hunger this Holiday Season
Colasoft Packet Sniffer Software, a Smart Choice for Network Management under Shrinking IT Budget

» View All News Channels
» Press Release Services
» Send2Press Home Page
Full Text RSS 2.0 news feed RSS 0.91 Summary News Feed
» View Menu of News Feeds by Topic
— ADVERTISEMENT —
Promote Your Company to the Media
and on This Website

Press release services from Neotrope®. Member BBB. Expert PR staff. Targeted solutions since 1983. Learn More
Business News 
 
 U.S. and World News
 Advertising and Marketing
 Aerospace and Aviation
 Agriculture and Farming
 Apple, Mac, iPod and iPhone
 Auction and Online Auctions
 Auto and Motorsports
 Banking and Finance
 Beauty Products
 Boating, Marine and Maritime
 Business
 Communication Arts
 Computing
 Construction and Building
 Corporate Social Responsibility - CSR
 Defense and Military
 Education and Schools
 Electronics
 Employment, HR and Outsourcing
 Energy, Oil and Gas
 Entertainment
 Environment and Ecology
 Facilities and Building Maintenance
 Family, Parenting and Children
 Food and Beverages
 General Editorial
 Global Aid and Relief
 Government
 Green Business
 Health, Diet and Fitness
 Home and Garden
 HVAC Heating and Cooling
 Insurance
 Internet and Websites
 Jewelry and Diamond
 Legal and Law
 Manufacturing
 Medical
 Mining and Metals
 Mortuary and Cemetery
 NonProfit and Charities
 Plastics and Composites
 Police, Fire and Rescue
 Real Estate
 Regional Events
 Religion and Churches
 Restaurant, Hotel and Hospitality
 Safety and Security Solutions
 Sciences
 Sports and Activities
 Stamps, Coins and Collectables
 Taxes and Accounting
 Telecommunications and VoIP
 Theme Parks and Attractions
 Trade Shows, Fairs and Expos
 Transportation
 Travel and Tourism
 U.S. Companies
 US and World History
 Veterinary and Pets
 
 U.S. State Newswires
 Alabama Business
 Alaska Business
 Arizona Business
 California Business
 Colorado Business
 Connecticut Business
 Delaware Business
 Florida Business
 Georgia Business
 Hawaii Business
 Idaho Business
 Illinois Business
 Iowa Business
 Kansas Business
 Kentucky Business
 Maine Business
 Maryland Business
 Massachusetts Business
 Michigan Business
 Minnesota Business
 Mississippi Business
 Missouri Business
 Nebraska Business
 Nevada Business
 New Hampshire Business
 New Jersey Business
 New Mexico Business
 New York Business
 North Carolina Business
 Ohio Business
 Oklahoma Business
 Oregon Business
 Pennsylvania Business
 Puerto Rico Business
 South Carolina Business
 South Dakota Business
 Tennessee Business
 Texas Business
 Utah Business
 Vermont Business
 Virginia Business
 Washington D.C. Business
 Washington State Business
 West Virginia Business
 Wisconsin Business
 
 Video News Releases
 
 World Newswires
 Brazil Business
 Canada Business
 China Business
 Germany Business
 Italy Business
 Spain Business
 United Kingdom

Subscribe to FREE
Send2Press®
Weekly News Alert

» Privacy Statement
» How to Unsubscribe

Click to Hear Podcasts
» Click to Hear Podcasts

Recent Send2Press News Network Placements on:
newswire placement on Google News
Advertising Industry
FURL LookSmart Publishers Newswire
Yahoo! News
Technorati News

INTERNET NEWSWIRE ARCHIVE SPONSORS
Website Promotion Services and SEO PR
Powered by Neotrope®
» View a list of our news archive sponsors
Learn about Send2Press Media Solutions

Technorati Tags: