Sunday Apr 13
Next Article: Feds Can't Quash Depositions With Privilege in Qui Tam Case
Prosecutors can't use attorney-client or work-product privilege as a sweeping bar to keep a Pittsburgh-based for-profit education company from deposing officials in the complex discovery of a multibillion-dollar qui tam case, a federal judge has ruled.
EDMC seeks dismissal of massive federal lawsuit
Downtown-based for-profit educator Education Management Corp., or EDMC, filed a motion today to dismiss the multi-billion-dollar federal False Claims Act lawsuit against it, claiming that its accusers have changed their tune over time.
Monday Sector Laggards: Education & Training Services, Television & Radio Stocks
In trading on Monday, education & training services shares were relative laggards, down on the day by about 3.3%.
EDMC sells Art Institute building with much shorter lease-back term
When it closed on selling the Art Institute building last week for $9.9 million, Pittsburgh-based Education Management Corp. did so under reduced expectations.
Why Education Management (EDMC) Stock Was Down Today
The education provider announced that it was laying off 200 employees and selling one of its Pittsburgh office buildings.
EDMC, Art Institute lay off 200 employees
As a result of declining enrollment, Pittsburgh-based Education Management Corp. on Monday laid off about 200 employees, a combination of EDMC and Art Institute employees.
5 things: Potholes abound in Pittsburgh a GM Ceo on hot seat a ...
On today's "The Roundup," Olivia Sterns, Trish Regan, Julie Hyman and Alix Steel wrap up the day's top market stories on Bloomberg Television's "Street Smart."
Chicago developer eyes Downtown Art Institute building
A Chicago developer dipped its toe into the Downtown real estate market for the first time last year when it purchased the Federal Reserve Bank on Grant Street.