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Website. www.apollo.edu. Apollo Education Group, Inc. is an American corporation based in the South Phoenix area of Phoenix, Arizona, with an additional corporate office in Chicago, Illinois. [1] It is privately-owned by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management, LLC.
Lorenzo v. Securities and Exchange Commission, 587 U.S. ___ (2019), was a United States Supreme Court case from the October 2018 term.. The Supreme Court held that someone who disseminates false statements to potential investors with the intent to defraud those investors can be held liable under subsection b of Rule 10b-5 of the Securities Exchange Act of 1934, even if they personally were not ...
Gregory W. Cappelli (born c. 1968 [1]) is an American business executive who specializes in national education policy. He is the CEO of Apollo Education Group, a Fortune 1000 company [2] [3] and the parent company of the University of Phoenix, as well as chairman of Apollo Global, [4] a subsidiary company that invests money in educational ...
Last Wednesday, shares of Apollo Education Group rose an impressive 14.2% after the company announced earnings results Tuesday evening for its first quarter of 2014. The company's results actually ...
Todd S. Nelson, who was previously the CEO of Apollo Education Group, became the CEO in 2007 and the chairman of the board of directors in 2012. [39] On September 21, 2009, [40] EDMC became a public company once again, raising $330 million ($469 million in 2023 dollars) on the NASDAQ while Goldman Sachs retained 40% ownership. [27] [36] [41] [42]
In his presentation, Eisman was highly critical of companies that run for-profit colleges, such as Apollo Education Group, Corinthian Colleges, Education Management Corporation, and ITT Educational Services, likening their loaning practices to what he witnessed from the subprime mortgage industry in the midst of the housing bubble: [11] [12]
Todd S. Nelson, who was previously the CEO of Apollo Education Group, became an EDMC board member in 2007 and the chairman of the board of directors in 2012. [ 55 ] In November 2014, EDMC was delisted from the NASDAQ amid financial difficulties, lawsuits, and investigations [ 56 ] and its stock was valued at less than one cent per share.
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States [1] The fortune he amassed was based on his founding of the for-profit University of Phoenix for working adults in 1976, which became part of the publicly traded Apollo Group.