Massachusetts AG seeks documents from DeVry, alleges 'deceptive' practices
Downers Grove-based DeVry Education Group said it is under investigation by the Massachusetts attorney general for "possible unfair or deceptive methods."
In a filing with the U.S. Securities and Exchange Commission, DeVry said it received a demand on July 26 in a civil investigation seeking documents from Jan. 1, 2011, to the present. It is relating to DeVry University's recruitment of students and the reporting of placement and earning statistics, the filing said.
"DeVry Group intends to cooperate with the (attorney general) with a view toward demonstrating the compliant nature of its practices," DeVry said in the filing.
The outcome of this matter, or possible impact on DeVry Group's business, "cannot be predicted at this time," DeVry said.
DeVry spokesman Ernie Gibble declined further comment on Monday. Spokeswomen for the Massachusetts attorney general did not immediately respond to phone messages.
DeVry has more than 55 campuses across the country, offering online or on-campus degree programs in business, technology and health care technology. Local facilities are Addison, Elgin, Gurnee, Chicago, Naperville and southwest suburban Tinley Park.