August 12, 2005

In Brief

INVESTIGATION ENDS: The U.S. Securities and Exchange Commission has ended its investigation into ITT Educational Services Inc. with a recommendation that no actions be taken. The news came soon after the U.S. Department of Justice announced that it had concluded a criminal investigation into the for-profit education company and its top officials without finding any wrongdoing.

BLACKBERRY SETTLEMENT: The University of Texas System has reached a $1.8-million settlement with the