UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 5, 2012

 

 

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   0-23245   36-3932190

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

231 N. Martingale Rd., Schaumburg, IL   60173
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (847) 781-3600

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01. Other Events.

On December 5, 2012, the Accrediting Commission of Career Schools and Colleges (“ACCSC”) sent letters notifying Career Education Corporation (the “Company”) that at its recent meeting, ACCSC vacated the June 2012 show cause order for all ten of the Company’s ACCSC-accredited campuses. These campuses are now free to pursue new program approvals. These campuses were asked to provide additional data regarding the reporting of employment placements and independent re-verification of placements on a periodic basis.

ACCSC also granted a five-year renewal of accreditation for Le Cordon Bleu College of Culinary Arts in Miramar, FL (going forward from August 2011) and, for Brown College in Mendota Heights, MN, a four-year renewal of accreditation (going forward from January 2011), approval of a change of location and approval of two new academic programs.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

CAREER EDUCATION CORPORATION
By:  

/s/ Jeffrey D. Ayers

  Jeffrey D. Ayers
  Senior Vice President, General Counsel and
                  Corporate Secretary

Dated: December 18, 2012

 

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