ADVERTISEMENT
Advertise Here
Archive

Eye On Boise

K12 Inc., operator of two Idaho virtual charter schools, sued by shareholders

K12 Inc., the Virginia-based public virtual school operator, has been sued in federal court in a shareholder class-action suit charging that the company violated securities laws by making false statements to investors about its students' performance on standardized tests, the Washington Post reports. The newspaper also reports that the firm's stock has plummeted since a series of reports in the Washington Post, New York Times and elsewhere in recent months raising questions about the effectiveness of its online virtual schools; you can read the Post's full report here. K12 operates the Idaho Virtual Academy and the iSucceed Virtual High School in Idaho; K12 Inc. is the nation's largest provider of proprietary curriculum and online education programs for students in kindergarten through high school.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise

Get blog updates by email

About this blog

Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

Latest comments »

Read all the posts from recent conversations on Eye On Boise.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here