February 4, 2005

Corinthian Says SEC Has Cleared It

By GOLDIE BLUMENSTYK

Corinthian Colleges Inc., one of the largest publicly traded higher-education companies, announced last week that the U.S. Securities and Exchange Commission had concluded an informal inquiry into the company and recommended that "no enforcement action" be taken.

The inquiry, which became public in September, dealt with Corinthian's projections of financial performance and its communications with securities analysts and investors during the 15 months before September 30, 2004. The

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