- Associated Press - Friday, June 27, 2014

SAN FRANCISCO (AP) - California’s attorney general is seeking a court order that would force a troubled for-profit education company to stop advertising and to start telling prospective students that it is looking to sell or shut down its 111 colleges.

Attorney General Kamala Harris said Friday that she is taking the move against Santa Ana-based Corinthian Colleges to keep the company from making false promises to the mostly low-income students it recruits.

Harris filed a lawsuit against Corinthian last fall accusing the company of misrepresenting its job placement rates and engaging in other deceptive practices to lure students into enrolling with help from federal student loans.

Corinthian owns and operates Everest College, Heald College and the WyoTech schools, which serve about 72,000 students in North America.

Federal regulators also have been investigating the company.

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