Last $0.24 USD
Change Today -0.01 / -4.00%
Volume 37.5K
EDMC On Other Exchanges
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

education management corp (EDMC) Snapshot

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12/24/13 - $11.57
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education management corp (EDMC) Details

Education Management Corporation provides post-secondary education in North America. The company offers academic programs to students through campus-based and online instruction to earn undergraduate and graduate degrees, including doctoral degrees and specialized non-degree diplomas in a range of disciplines. It operates through four segments: The Art Institutes, Argosy University, Brown Mackie Colleges, and South University. The Art Institutes segment offers associate’s, bachelor’s, and master’s degree programs, as well as selective non-degree diploma programs in creative professions, such as graphic design, media arts and animation, culinary arts, photography, digital filmmaking and video production, interior design, audio production, fashion design, game art and design, baking and pastry, and fashion marketing. The Argosy University segment provides doctoral, master’s, and undergraduate degree academic programs in psychology and behavioral sciences, business, legal, education, and health sciences disciplines. The Brown Mackie Colleges segment offers associate’s and non-degree diploma programs in fields that comprise medical assisting, business, criminal justice, occupational therapy assistant, healthcare administration, and veterinary technology. The South University segment provides doctoral, master’s, bachelor’s, and associate’s degree academic programs in health profession and business disciplines, including business administration, health sciences, nursing, criminal justice, psychology, information technology, and healthcare management. The company operates 110 school locations. Education Management Corporation was founded in 1962 and is headquartered in Pittsburgh, Pennsylvania.

11,000 Employees
Last Reported Date: 10/31/14
Founded in 1962

education management corp (EDMC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $709.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
President of Brown Mackie Colleges
Total Annual Compensation: $450.0K
Chief Legal, Privacy, Security & Administrati...
Total Annual Compensation: $1.1M
Chief Compliance Officer and Senior Vice Pres...
Total Annual Compensation: $637.5K
Compensation as of Fiscal Year 2014.

education management corp (EDMC) Key Developments

Levi & Korsinsky, LLP Reminds Investors of Class Action against Education Management Corporation and its Board of Directors

Levi & Korsinsky announced that a class action lawsuit has been commenced in the United States District Court for the Western District of Pennsylvania on behalf of investors who purchased Education Management Corporation common stock between August 8, 2012 and September 16, 2014. The complaint alleges that throughout the Class Period the Company violated federal securities laws by failing to adequately disclose that the Company was overstating revenue by properly increasing its bad debt reserve upon student withdrawal, it was overstating its goodwill, it was manipulating federal student loan and grant programs in order to appear to be in compliance with federal regulations enacted in June 2011 and otherwise engaged in improper recruiting and enrollment practices.

Education Management Files Form 15

Education Management Corporation announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, par value $0.01 per share under the Securities Exchange Act of 1934, as amended.

Education Management Corporation(OTCPK:EDMC) dropped from Russell 2000 Index

Education Management Corporation will be removed from the Russell 2000 Index.


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