ITT Technical Institute faces more lawsuits over shutdown

MarketsAssociated Press

The for-profit college chain ITT Technical Institute is facing more lawsuits from employees following its decision to shut down.

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The Indianapolis Star reports ( ) that two new lawsuits say the company violated federal law by not providing 60 days' notice.

Another lawsuit earlier this week sought class-action status on behalf of the 8,000 employees who are losing their jobs as a result of ITT's decision to shut down more than 130 ITT Technical Institute campuses in 38 states.

The three lawsuits were filed in Indiana and Delaware.

ITT announced this week it's closing all 130 of its U.S. campuses, saying it can't survive recent sanctions by the U.S. Department of Education. ITT says it's the victim of a regulatory assault and never had the chance to defend itself.


Information from: The Indianapolis Star,