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PE Fund, AGs Reach $192M Deal Over Corinthian Colleges

By Ryan Boysen ( August 17, 2017, 6:14 PM EDT) -- The attorneys general of 13 states reached a $192 million settlement with Aequitas Management LLC on Thursday over claims the private equity fund schemed with defunct Corinthian Colleges Inc. to skirt government lending rules and keep federal loans flowing to the vulnerable students the for-profit school operator allegedly preyed on....

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