DENVER– The Colorado Attorney General’s Office has filed a civil lawsuit and stipulated consent judgment against Argosy University, Denver and parent company Education Management Corporation (NASDAQ: EDMC). Argosy is accused of deceiving, misleading and financially injuring students seeking doctorate of education in counseling psychology degrees (EdD-CP) in violation of the Colorado Consumer Protection Act.
Press Room & Announcements
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DENVER—Colorado Attorney General John Suthers announced today that a civil lawsuit was filed and Temporary Restraining Order obtained against Andre Shatyko (D.O.B. 01/01/86), Alexander Kurdyukov (D.O.B.
DENVER – Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, today issued new metrics that impose greater oversight over Bank of America, JP Morgan Chase, CitiGroup and Wells Fargo under the National Mortgage Settlement. These new metrics are the result of violations that the monitor reported earlier this summer regarding the banks’ compliance with the settlement.
DENVER—Attorney General John Suthers announced today that his Consumer Protection Section filed a civil lawsuit against Tobacco King, a Longmont tobacco store owned by Mr. Sang Leaming for selling a variety of products commonly referred to as “spice.” Leaming and Tobacco King sold spice products without warning consumers that the contents may contain illegal synthetic cannabinoids or other undisclosed, and potentially dangerous, chemicals.
DENVER — The Colorado Attorney General’s Office announced today that Clinton Dee Fraley (D.O.B. 01/05/77) of Englewood received the maximum sentence of 12 years by an Arapahoe County judge for stealing more than $532,000 from four Colorado investors.
DENVER –Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, issued his final report today regarding the total amount of consumer relief granted by the five banks that are parties to the settlement. The banks disclosed that from March 1, 2012 through June 30, 2013 they have extended $51.33 billion in total relief to 643,726 borrowers nationwide.
DENVER—Colorado Attorney General John Suthers today announced that the statewide grand jury has indicted Robert Allen Zickefoose (D.O.B. 07/19/64) on seven counts of securities fraud and theft. Zickefoose is the sole owner and president of Zickefoose Reserves, LLC based in Colorado Springs. The indictment alleges that he was offering unregistered oil and gas investments that were discovered by the Colorado Division of Securities.
DENVER—The U.S. District Court for the Southern District of New York today ruled that Apple is guilty of conspiring to fix the prices offered for e-books. United States District Judge Denise Cote (SDNY) found “[t]he Plaintiffs have shown that the Publisher Defendants conspired with each other to eliminate retail price competition in order to raise e-book prices, and that Apple played a central role in facilitating and executing that conspiracy.
Ralph L. Carr Colorado Judicial Center
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