
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
In August 2017, a class-action lawsuit was filed against InterCoast Career Institute (a for-profit school) for allegedly providing little, if any, educational value to students in its LPN nursing program and failing to enhance their occupational qualifications and career prospects. According to the complaint, the school did not provide qualified faculty members to teach required courses, did not provide adequate clinical experience for students, and did not adequately prepare students to take the National Licensing Examination for Practical Nurses (a test required to become an LPN). (Kourembanas et al v. InterCoast Colleges d/b/a InterCoast Career Institute, Case No. 17-cv-331, D. Me.)
For more information about other lawsuits against for-profit schools and TINA.org’s coverage of them, click here.
Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
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