litigation
confidence high
sentiment positive
materiality 0.70
GCE resolves all government actions; $35M qui tam settlement, FTC & ED cases dismissed
Grand Canyon Education, Inc.
- Qui tam settlement of $35M agreed; court review hearing set for Nov 14, 2025.
- FTC case dismissed with prejudice on Aug 19, 2025 after unanimous Commission vote.
- ED rescinded $37.7M fine against GCU for doctoral program disclosures; case dismissed.
- IRS reaffirmed GCU's 501(c)(3) tax-exempt status after four-year examination.
- ED re-examining GCU's non-profit classification for Title IV funding following Ninth Circuit ruling.