Thread regarding Education Management Corporation layoffs

Education Management (EDMC) to Delay 10-K Filing

http://www.streetinsider.com/Corporate+News/Education+Management+%28EDMC%29+to+Delay+10-K+Filing/9838041.html

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Post ID: @OP+xCJfc0D

8 replies (most recent on top)

More lawsuits on the way. http://www.marketwatch.com/story/shareholder-alert-bronstein-gewirtz-grossman-llc-announces-investigation-of-education-management-corporation-2014-09-17?reflink=MW_news_stmp

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Post ID: @1IHV+xCJfc0D

stock already dropped 14 cents this morning I assume due to this

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Post ID: @1a7r+xCJfc0D

Sounds like edmc is saying the ball is in the sec court, blaming them for not giving them the information they need to file

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Post ID: @1x6a+xCJfc0D

Can someone translate all of that for me? What is edmc say

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Post ID: @1wct+xCJfc0D

I think I am withdrawing after this class ends next week. Best to sit out for 6 - 12 months and make sure the Ship is going to stay afloat and turn it around. Do not want this school on my resume if its going down like CCI. Tell ED that is my discretion as a student.

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Post ID: @1DPO+xCJfc0D

Talk about mirroring CCI. YIKES!

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Post ID: @1Gu8+xCJfc0D

Anonymous37236- Sorry, but the rules allow for 6 months. And then ED has discretion.

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Post ID: @yLw+xCJfc0D

They should have their Title IV funds cut off immediately.

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Post ID: @KEl+xCJfc0D

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