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March 21, 2014
17:35 EDTESIITT Educational says did not file timely Form 10-K
ITT Educational Services announced that it did not file its annual report on Form 10-K for the fiscal year ended December 31, 2013 on or before the extended due date of March 18. The company has received a notice from NYSE that the company is subject to the NYSE’s procedures under its timely filing criteria as a result of the company’s failure to file the 2013 Form 10-K by March 18. As previously disclosed, issues relating to the accounting treatment for the variable interest entity involved in the PEAKS Private Student Loan Program have caused the delays associated with completing the company’s financial statements, footnotes and related disclosures for the 2013 Form 10-K. The company submitted a preclearance request to the Office of the Chief Accountant of the SEC on March 18 relative to the accounting treatment for the variable interest entity involved in the PEAKS Program, and the company is also continuing to work to complete other items necessary to finalize the company’s financial statements, footnotes and related disclosures.
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July 15, 2014
09:59 EDTESIApollo Education discloses new Department of Education review
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