Education Management Corp (EDMC) 0.0085 $EDMC
Dr. Fred Hurst Joins WGU as VP for Institutional Advancement
PR Newswire - Wed Jun 08, 12:30PM CDT
Dr. Fred Hurst, the architect of Northern Arizona University's (NAU) competency-based education programs and a leader in technology-enabled higher education, has joined Western Governors University (WGU) as Vice President of Institutional Advancement. In this role, Hurst will lead the university's efforts to support the expansion of competency-based higher education. He replaces Dr. Sally Johnstone, who was appointed President of The National Center for Higher Education Management Systems earlier this year.
CEdMA Honors Wind River with Annual Innovation Award
BusinessWire - Thu May 05, 7:28PM CDT
The Computer Education Management Association (CEdMA), the premier professional networking organization for training executives, managers, and professionals in technology companies, today announced that Susanne Jaklin, director of education services at Wind River, an Intel company, was honored with CEdMA's annual Innovation Award. The Innovation Award, given annually recognizes one high-tech company or individual for outstanding innovation in training business methods or practices.
NPTC and SmartDrive Present Private Fleet Leadership Awards
PR Newswire - Thu May 05, 7:00AM CDT
The National Private Truck Council (NPTC) and award program sponsor, SmartDrive Systems, recognized six private fleet professionals for their impressive contributions to the private fleet community during NPTC's Annual Education Management Conference and Exhibition held April 24-26, 2016 in Cincinnati. Since 1990, the NPTC Private Fleet Professional Leadership Awards have recognized those individuals who have positively impacted the National Private Truck Council, their profession, and the private trucking community.
DeVry Faces FTC Lawsuit for Deceptive Ads; Shares Fall 15%
Zacks Equity Research - Zacks Investment Research - Thu Jan 28, 1:30PM CST
Shares of DeVry Education Group, Inc. (DV) lost more than 15% on Jan 27 after the Federal Trade Commission (FTC) filed a lawsuit against DeVry University challenging the employment potential of its graduates.
BPI: 6.82 (-0.18), ESI: 0.36 (unch), DV: 22.43 (-0.59)
Mick J. Beekhuizen steps down as Executive Vice President and Chief Financial Officer of Education Management Corporation
PR Newswire - Thu Jan 14, 12:00PM CST
Education Management Corporation (EDMC) today announced that Mick J. Beekhuizen will be stepping down as Executive Vice President and Chief Financial Officer, effective February 29. Frank Jalufka will replace Mr. Beekhuizen as Senior Vice President and Chief Financial Officer. Mr. Beekhuizen joined EDMC in 2013, after previously having served as a director of the company.
Dr. Paula Watkins: First African-American Virtual School Founder
PR Newswire - Thu Dec 31, 10:59PM CST
For more than 30 years, Dr. Paula Watkins has spent her professional career focusing on improving the student achievement gap in the core academic areas of mathematics, writing, reading and languages for school districts in the State of Michigan. Realizing that every facet of the education process from recalibrating the learning environment to staffing, administration, managing governance, updating curriculum, instruction and analyzing testing metrics, Watkin has found all of these elements crucial and a fundamental framework for academic excellence. Watkins previously worked as CEO of Vision Education Center, an Education Management Organization for several charter schools in the Michigan areas. Watkins received her PhD from Oakland University.
Christine L. Bitler is recognized by Continental Who's Who as a Pinnacle Professional
PR Newswire - Fri Dec 04, 12:40PM CST
Christine L. Bitler is recognized by Continental Who's Who as a Pinnacle Professional in the field of Education Management as a result of her role as Criminal Justice Program Director at Berks Technical Institute.
Education Management to Pay $95.5M to Settle Lawsuit
Zacks Equity Research - Zacks Investment Research - Tue Nov 17, 11:50AM CST
Education Management Corporation (EDMC) has been asked to pay over $80 million as a settlement for an eight-year whistleblower lawsuit.
EDU: 47.31 (-0.74), XRS: 69.74 (-1.22), LINC: 2.42 (-0.02)
US reaches $95.5M settlement in for-profit education case
By JOE MANDAK and ERIC TUCKER - AP - Mon Nov 16, 9:30PM CST
PITTSBURGH (AP) — A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada has agreed to pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools.
Business Highlights
By The Associated Press - AP - Mon Nov 16, 4:16PM CST
___
MDP: 50.98 (+0.37), LBTYK: 33.40 (+0.49), LBTYB: 36.30 (-0.19), LBTYA: 34.43 (+0.51), MEG: 18.01 (+0.09), LILAK: 28.67 (-0.22), LILA: 28.24 (-0.22)
Record Settlement Win in False Claims Act Suit Against Education Management Corporation
PR Newswire - Mon Nov 16, 10:35AM CST
Education Management Corporation (EDMC), a Pittsburgh-based operator of for-profit educational institutions, has agreed to pay more than $80 million to settle an eight-year False Claims Act whistleblower lawsuit, the largest settlement ever in an FCA suit involving the U.S. Department of Education.
Education Management Reaches Comprehensive Agreements with Attorneys General in 39 States and U.S. Department of Justice
PR Newswire - Mon Nov 16, 10:15AM CST
Education Management Corporation (EDMC) today announced that it has reached groundbreaking agreements with 39 state attorneys general and the District of Columbia to end state-level investigations into its recruiting practices. Concurrently, EDMC reached a settlement agreement with the U.S. Department of Justice, 12 state attorneys general, the District of Columbia and relators resolving all known cases filed under federal and state False Claims Act (FCA) provisions. EDMC worked with state attorneys general to develop new, more transparent recruiting and disclosure standards, which the company hopes will serve as a model for higher education.
Leading Healthcare Education Management Providers MedHub and E*Value Now One Company
Marketwired - Fri Nov 13, 9:21AM CST
MedHub and E*Value, two industry leading providers of healthcare education management solutions, have come together to provide universities and teaching hospitals with the most robust solutions to prepare the next generation of healthcare professionals. "We are combining our strengths -- expertise and knowledge about institutional, school, and program needs -- in medical education, to accelerate innovation and expand service offerings," said MedHub General Manager & Executive Vice President David Gagne. "As a result, we will uniquely offer solutions that organize and unify programs, systems, and stakeholders across the entire healthcare education enterprise."
Pomerantz LLP Announces a $2.5 Million Proposed Class Action Settlement Involving All Persons who Purchased or Otherwise Acquired Common Stock of Education Management Corporation between July 1, 2011 and September 16, 2014
BusinessWire - Thu Oct 22, 6:59AM CDT
The following statement is being issued by Pomerantz LLP in regards to a proposed class action settlement.
Education Management Solutions (EMS) Wins $51 Million Medical Simulation Training and Technology Contract to Support Uniformed Services University
BusinessWire - Wed Sep 23, 8:15AM CDT
Education Management Solutions, LLC (EMS), a provider of integrated audio-video and simulation management technologies, today announced it has been awarded a position on a $51 million medical simulation and audio/visual support multiple award task order contract (MATOC) for the Uniformed Services University of the Health Sciences (USUHS).
Education Management Corporation Names Mark A. McEachen President and CEO
PR Newswire - Mon Sep 21, 10:00AM CDT
Education Management Corporation (EDMC) announced today that Board of Directors Chairman Mark A. McEachen has been named President and Chief Executive Officer of the organization, effective Sept. 28.
Education Management Announces Resignation of President and CEO Edward H. West
PR Newswire - Fri Aug 14, 8:00AM CDT
Education Management Corporation (EDMC) today announced that Edward H. West has resigned as President, Chief Executive Officer (CEO) and Director, effective Aug. 28, to pursue other interests. West joined EDMC nine years ago and has served as CEO since August 2012.
Trade schools have to find grads jobs, or lose financial aid
By ANNE FLAHERTY - AP - Wed Jul 01, 8:20AM CDT
WASHINGTON (AP) — Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few people in their lives who care about them." Military personnel still recovering from brain damage told to sign on the dotted line.
CECO: 6.90 (-0.15)
Turnaround in For-Profit Education Sector: 3 Stocks to Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 19, 9:34AM CDT
The for-profit education sector performed dismally the last couple of years on lower student demand, regulatory restrictions, serious threats to federal funding, intense scrutiny at all levels and a competitive environment.
LOPE: 40.42 (-0.61), UTI: 1.91 (-0.15), STRA: 47.51 (-0.08), DV: 22.43 (-0.59), APOL: 7.58 (-0.06), CECO: 6.90 (-0.15)
Stocks to Watch in For-Profit Colleges
Brian Stoffel, The Motley Fool - Motley Fool - Tue Jun 09, 7:39AM CDT
You'd be hard-pressed to find a writer here at The Motley Fool who has spent more time than me railing against for-profit colleges and universities. In 2011, I led off with an article about "Why I'm Staying Away From For-Profit Education ." In the...
APEI: 19.76 (-0.11), BPI: 6.82 (-0.18), STRA: 47.51 (-0.08), ESI: 0.36 (unch), DV: 22.43 (-0.59), APOL: 7.58 (-0.06)
Dr. Fred Hurst Joins WGU as VP for Institutional Advancement
PR Newswire - Wed Jun 08, 12:30PM CDT
Dr. Fred Hurst, the architect of Northern Arizona University's (NAU) competency-based education programs and a leader in technology-enabled higher education, has joined Western Governors University (WGU) as Vice President of Institutional Advancement. In this role, Hurst will lead the university's efforts to support the expansion of competency-based higher education. He replaces Dr. Sally Johnstone, who was appointed President of The National Center for Higher Education Management Systems earlier this year.
CEdMA Honors Wind River with Annual Innovation Award
BusinessWire - Thu May 05, 7:28PM CDT
The Computer Education Management Association (CEdMA), the premier professional networking organization for training executives, managers, and professionals in technology companies, today announced that Susanne Jaklin, director of education services at Wind River, an Intel company, was honored with CEdMA's annual Innovation Award. The Innovation Award, given annually recognizes one high-tech company or individual for outstanding innovation in training business methods or practices.
NPTC and SmartDrive Present Private Fleet Leadership Awards
PR Newswire - Thu May 05, 7:00AM CDT
The National Private Truck Council (NPTC) and award program sponsor, SmartDrive Systems, recognized six private fleet professionals for their impressive contributions to the private fleet community during NPTC's Annual Education Management Conference and Exhibition held April 24-26, 2016 in Cincinnati. Since 1990, the NPTC Private Fleet Professional Leadership Awards have recognized those individuals who have positively impacted the National Private Truck Council, their profession, and the private trucking community.
DeVry Faces FTC Lawsuit for Deceptive Ads; Shares Fall 15%
Zacks Equity Research - Zacks Investment Research - Thu Jan 28, 1:30PM CST
Shares of DeVry Education Group, Inc. (DV) lost more than 15% on Jan 27 after the Federal Trade Commission (FTC) filed a lawsuit against DeVry University challenging the employment potential of its graduates.
BPI: 6.82 (-0.18), ESI: 0.36 (unch), DV: 22.43 (-0.59)
Mick J. Beekhuizen steps down as Executive Vice President and Chief Financial Officer of Education Management Corporation
PR Newswire - Thu Jan 14, 12:00PM CST
Education Management Corporation (EDMC) today announced that Mick J. Beekhuizen will be stepping down as Executive Vice President and Chief Financial Officer, effective February 29. Frank Jalufka will replace Mr. Beekhuizen as Senior Vice President and Chief Financial Officer. Mr. Beekhuizen joined EDMC in 2013, after previously having served as a director of the company.
Dr. Paula Watkins: First African-American Virtual School Founder
PR Newswire - Thu Dec 31, 10:59PM CST
For more than 30 years, Dr. Paula Watkins has spent her professional career focusing on improving the student achievement gap in the core academic areas of mathematics, writing, reading and languages for school districts in the State of Michigan. Realizing that every facet of the education process from recalibrating the learning environment to staffing, administration, managing governance, updating curriculum, instruction and analyzing testing metrics, Watkin has found all of these elements crucial and a fundamental framework for academic excellence. Watkins previously worked as CEO of Vision Education Center, an Education Management Organization for several charter schools in the Michigan areas. Watkins received her PhD from Oakland University.
Christine L. Bitler is recognized by Continental Who's Who as a Pinnacle Professional
PR Newswire - Fri Dec 04, 12:40PM CST
Christine L. Bitler is recognized by Continental Who's Who as a Pinnacle Professional in the field of Education Management as a result of her role as Criminal Justice Program Director at Berks Technical Institute.
Education Management to Pay $95.5M to Settle Lawsuit
Zacks Equity Research - Zacks Investment Research - Tue Nov 17, 11:50AM CST
Education Management Corporation (EDMC) has been asked to pay over $80 million as a settlement for an eight-year whistleblower lawsuit.
EDU: 47.31 (-0.74), XRS: 69.74 (-1.22), LINC: 2.42 (-0.02)
US reaches $95.5M settlement in for-profit education case
By JOE MANDAK and ERIC TUCKER - AP - Mon Nov 16, 9:30PM CST
PITTSBURGH (AP) — A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada has agreed to pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools.
Business Highlights
By The Associated Press - AP - Mon Nov 16, 4:16PM CST
___
MDP: 50.98 (+0.37), LBTYK: 33.40 (+0.49), LBTYB: 36.30 (-0.19), LBTYA: 34.43 (+0.51), MEG: 18.01 (+0.09), LILAK: 28.67 (-0.22), LILA: 28.24 (-0.22)
Record Settlement Win in False Claims Act Suit Against Education Management Corporation
PR Newswire - Mon Nov 16, 10:35AM CST
Education Management Corporation (EDMC), a Pittsburgh-based operator of for-profit educational institutions, has agreed to pay more than $80 million to settle an eight-year False Claims Act whistleblower lawsuit, the largest settlement ever in an FCA suit involving the U.S. Department of Education.
Education Management Reaches Comprehensive Agreements with Attorneys General in 39 States and U.S. Department of Justice
PR Newswire - Mon Nov 16, 10:15AM CST
Education Management Corporation (EDMC) today announced that it has reached groundbreaking agreements with 39 state attorneys general and the District of Columbia to end state-level investigations into its recruiting practices. Concurrently, EDMC reached a settlement agreement with the U.S. Department of Justice, 12 state attorneys general, the District of Columbia and relators resolving all known cases filed under federal and state False Claims Act (FCA) provisions. EDMC worked with state attorneys general to develop new, more transparent recruiting and disclosure standards, which the company hopes will serve as a model for higher education.
Leading Healthcare Education Management Providers MedHub and E*Value Now One Company
Marketwired - Fri Nov 13, 9:21AM CST
MedHub and E*Value, two industry leading providers of healthcare education management solutions, have come together to provide universities and teaching hospitals with the most robust solutions to prepare the next generation of healthcare professionals. "We are combining our strengths -- expertise and knowledge about institutional, school, and program needs -- in medical education, to accelerate innovation and expand service offerings," said MedHub General Manager & Executive Vice President David Gagne. "As a result, we will uniquely offer solutions that organize and unify programs, systems, and stakeholders across the entire healthcare education enterprise."
Pomerantz LLP Announces a $2.5 Million Proposed Class Action Settlement Involving All Persons who Purchased or Otherwise Acquired Common Stock of Education Management Corporation between July 1, 2011 and September 16, 2014
BusinessWire - Thu Oct 22, 6:59AM CDT
The following statement is being issued by Pomerantz LLP in regards to a proposed class action settlement.
Education Management Solutions (EMS) Wins $51 Million Medical Simulation Training and Technology Contract to Support Uniformed Services University
BusinessWire - Wed Sep 23, 8:15AM CDT
Education Management Solutions, LLC (EMS), a provider of integrated audio-video and simulation management technologies, today announced it has been awarded a position on a $51 million medical simulation and audio/visual support multiple award task order contract (MATOC) for the Uniformed Services University of the Health Sciences (USUHS).
Education Management Corporation Names Mark A. McEachen President and CEO
PR Newswire - Mon Sep 21, 10:00AM CDT
Education Management Corporation (EDMC) announced today that Board of Directors Chairman Mark A. McEachen has been named President and Chief Executive Officer of the organization, effective Sept. 28.
Education Management Announces Resignation of President and CEO Edward H. West
PR Newswire - Fri Aug 14, 8:00AM CDT
Education Management Corporation (EDMC) today announced that Edward H. West has resigned as President, Chief Executive Officer (CEO) and Director, effective Aug. 28, to pursue other interests. West joined EDMC nine years ago and has served as CEO since August 2012.
Trade schools have to find grads jobs, or lose financial aid
By ANNE FLAHERTY - AP - Wed Jul 01, 8:20AM CDT
WASHINGTON (AP) — Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few people in their lives who care about them." Military personnel still recovering from brain damage told to sign on the dotted line.
CECO: 6.90 (-0.15)
Turnaround in For-Profit Education Sector: 3 Stocks to Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 19, 9:34AM CDT
The for-profit education sector performed dismally the last couple of years on lower student demand, regulatory restrictions, serious threats to federal funding, intense scrutiny at all levels and a competitive environment.
LOPE: 40.42 (-0.61), UTI: 1.91 (-0.15), STRA: 47.51 (-0.08), DV: 22.43 (-0.59), APOL: 7.58 (-0.06), CECO: 6.90 (-0.15)
Stocks to Watch in For-Profit Colleges
Brian Stoffel, The Motley Fool - Motley Fool - Tue Jun 09, 7:39AM CDT
You'd be hard-pressed to find a writer here at The Motley Fool who has spent more time than me railing against for-profit colleges and universities. In 2011, I led off with an article about "Why I'm Staying Away From For-Profit Education ." In the...
APEI: 19.76 (-0.11), BPI: 6.82 (-0.18), STRA: 47.51 (-0.08), ESI: 0.36 (unch), DV: 22.43 (-0.59), APOL: 7.58 (-0.06)
