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Friday, Apr 17, 2026

Corinthian Faces Florida Subpoena

Santa Ana-based Corinthian Colleges Inc. said that one of its schools in Florida has received a subpoena from the state attorney general over its advertising and marketing, according to a filing with the Securities and Exchange Commission Monday.

Corinthian’s Florida Metropolitan University said the subpoena requests documents from the past five years related to advertising, complaints against the college and training and compensation for admissions workers at the school.

Corinthian said it was cooperating with the inquiry and that it didn’t know of any claims made against the company by the attorney general.

During the summer, an arbitrator ruled in favor of Corinthian in a lawsuit that pitted students of Florida Metropolitan University against the school.

The suit claimed Corinthian concealed its lack of accreditation by the Commission on Colleges of the Southern Association of Colleges and Schools.

In addition, the suit said the school concealed that the credits from the university would not transfer to a four-year college.

Shares of Corinthian were down 3.5% on Monday.

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