Topics

Corinthian Colleges Inc.
Corinthian Colleges sued for not paying rent at corporate headquarters
Corinthian Colleges sued for not paying rent at corporate headquarters

Add this to the lengthy list of woes facing Corinthian Colleges Inc.: The Santa Ana company was more than $381,000 behind on rent at its corporate headquarters this month, and the landlord sued. The lawsuit filed last week in Orange County Superior Court hints at the extensive cash crunch faced by the for-profit college giant, which announced last month that it would sell 85 campuses amid heightened federal scrutiny. A Corinthian spokesman, Kent Jenkins, said the company has since paid the rent in full and had "sufficient financial resources to make this payment at all times." He did not respond to questions about why the lawsuit was filed, saying the company cannot speak for...

Loading