Salas Wang Investigating Career Education Corporation for Possible Securities Law Violations

August 4, 2011

Salas Wang LLC is investigating possible shareholder claims against Career Education Corporation (CECO) for violations of securities laws. ┬áSpecifically, CECO’s shares dropped precipitously because it finally disclosed that:

[CECO] it recently discovered improper practices at some of its health education segment campuses relating to the determination of reported placement rates.

It made the discovery while preparing to respond to a subpoena issued by the New York Attorney General in May as part of an investigation into whether Career Education violated New York state consumer protection, securities, finance and other laws.

If you own CECO shares and would like to know your options, please contact Jeffrey Salas at 312.803.4963, or email him at jsalas@salaswang.com.

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