Thread regarding ITT Educational Services Inc. layoffs

SEC vs ITT ESI settled.

MINUTE ORDER for proceedings held before Magistrate Judge Mark J. Dinsmore: Settlement Conference held on 5/15/2017. Settlement reached. Any pending motions now DENIED AS MOOT & all previously-ordered dates now VACATED.

Parties to file appropriate motions to resolve this cause & submit order for Court's signature within thirty (30) days. Signed by Magistrate Judge Mark J. Dinsmore. (GD) (Entered: 05/16/2017)

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Post ID: @OP+NGimS72

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The lawsuit was not about the loans themselves but for ITT tech defrauding investors through the Peaks loans and temporary credit. The decision/settlement most likely is a sum amount to pay back investors and had nothing to do with what the school did to us.

Post ID: @tkc+NGimS72

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