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The Art Institutes system is a subsidiary of Education Management Corporation (EDMC), which is headquartered in Pittsburgh.EDMC has been the subject of several lawsuits and investigations alleging that the company made misleading claims in its efforts to recruit students; [4] [5] the company agreed to pay nearly $96 million, and change its student recruitment methods, to settle the civil ...
The Art Institutes, of which there were approximately 50 locations in the U.S. and Canada, offered programs in design, fashion, media and culinary arts. [16] In 2017, Education Management Corporation sold the existing Art Institutes to The Dream Center Foundation, a Los Angeles-based Pentecostal organization.
The Art Institute of Chicago, ... In 2002, the Art Institute of Chicago filed suit alleging fraud by a small Dallas firm called Integral Investment Management, along ...
The Biden administration is erasing $6.1 billion in federal student debt for 317,000 former attendees of The Art Institutes, a defunct for-profit chain of art colleges, officials announced Wednesday.
The lawsuit demonstrates a “lack of sophistication” and “lack of knowledge” about the workings of the art world, O’Donnell said: “The rhetoric in that complaint is so over the top, you ...
A Russian billionaire art collector lost a legal fight with Sotheby’s on Tuesday, when a U.S. jury sided with the auction house in a lawsuit over claims that the businessman was ripped off while ...
The Art Institutes system was created in 1969 when Education Management Corporation (EDMC) acquired The Art Institute of Pittsburgh, [12] [13] [14] which was founded in 1921. [15]
The Art Institute of Fort Lauderdale is a former for-profit art and culinary school in Fort Lauderdale, Florida which closed in 2018. The school was one of a number of Art Institutes , a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation (EDMC).