This link goes to disclosures made by CCI based on requirements of the SEC for publically traded companies. It is long, telling, detailed and - for shareholders and employees - very depressing. It would seem that the company is about to collapse under the sheer weight of its own misdeeds and subsequent calls for accountability.
http://www.streetinsider.com/Corporate+News/Corinthian+Colleges+(COCO)+Updates+on+Regulatory+Matters+Following+End+of+Q114/9748499.html