I was previously an Educational Consultant for College of Phoenix Onlineis latest sibling college, Axia College of College of Phoenix Online. On March 10 all therapistis were requested to plan a summary of pupils who have been not presently in course to create it seem like these were presently attending courses. We were requested to construct out 6 courses per pupil, and received 2 hours to accomplish this "unique task." This work arrived before a stockholderis assembly at the conclusion of the fraction and was completed in efforts to fill it is stock-price after slipping some 13% to keep buyers.
By arrangement students for courses these were not presently in, this assisted UOP's publications seem to have significantly more income shown than there actually was. When questioned why we were being requested to routine pupils who have been not presently in courses, or were educated they were being planned, administration had no solutions.
Based On The Enterprise Journal of Phoenix, 10/20/05
this is actually the same kind of exercise that got College of Phoenix Online in big trouble this past year, today they're still getting away withit.
"Judge upholds investments match against Apollo Team
Apollo Group Inc. Friday declared that the U.S. Center judge in Illinois has refused a to ignore a-class activity securities suit against it.
Regulations firm of Robbins Umeda & Fink LLP submitted the class-action suit with respect to customers of Apollo investments this past year between Feb. 27 and Sept. 14. The complaint alleges that during this period framework Apollo administration displayed materially untrue and deceptive financial statements within an energy to fill its stock-price and attract buyers.
In a processing using the U.S.investments and Exchange Commission, the organization stated that it declines all statements which it expects to protect itself intensely from the accusations produced in the match.
Apollo Group (NASDAQ: APOL) is just a Phoenix-centered for profit training company. Its subsidiaries range from the College of Phoenix and Developed International School."
The corporation must be researched from the Division of Training since they're utilizing their workers to illegally execute these steps in efforts to defeat the stock exchange. The corporation should be halted.
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