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SANTA ANA, Calif., April 25 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (Nasdaq: COCO) announced today that the United States District Court for the Central District of California has granted the Company's motion to dismiss the third amended federal securities class action complaint. The complaint was dismissed with prejudice and will not be heard again by the district court. The plaintiff has the right to appeal the decision to an appellate court. The Company believes the complaint is without merit and will continue to defend vigorously against it.
About Corinthian Colleges, Inc.
Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, operating 97 schools in 25 states in the U.S. and 34 schools in seven provinces in Canada. The Company's mission is to help students prepare for careers that are in demand or advance in their chosen career. Corinthian offers diploma programs and associate's, bachelor's, and master's degrees in a variety of fields, including healthcare, business, criminal justice, transportation maintenance, trades and technology.
Contacts: Investors:
Anna Marie Dunlap
SVP Investor & Corporate Communications
Corinthian Colleges, Inc.
714-424-2678
Media:
Robert Jaffe
Pondel Wilkinson, Inc.
310-279-5969
SOURCE Corinthian Colleges, Inc.
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