Thread regarding FORTIS Colleges and Institutes layoffs

Fortis remains on Heightened Cash Monitoring

Fortis schools remain on Heightened Cash Monitoring. Any layoffs?

https://studentaid.ed.gov/sa/about/data-center/school/hcm

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Fortis is part of Education Affiliates (EA), which paid a $13M settlement to the US government and other victims.

"The settlement resolves five lawsuits filed under the whistleblower provisions of the False Claims Act, which permit private citizens to sue on behalf of the United States and share in the recovery. As part of this resolution, the five whistleblowers will receive payments totaling approximately $1.8 million. The settlements were the result of a coordinated effort by the U.S. Attorneys’ Offices of the District of Maryland, the Southern District of Texas, the Northern District of Alabama, Southern District of Ohio and the Middle District of Tennessee, as well as the Civil Division’s Commercial Litigation Branch, and the Department of Education and its OIG."

https://www.justice.gov/opa/pr/profit-education-company-pay-13-million-resolve-several-cases-alleging-submission-false

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