Online schools not living up to their own hype

Faruqi & Faruqi, LLP Announces Investigation of K12, Inc. - Yahoo! Finance: The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) according to various academic benchmarks, K12 students were chronically underperforming their peers at traditional schools; (2) K12 has aggressively recruited students to their schools, regardless of how well-suited they might be for the Company’s curriculum; (3) as a result of K12’s haphazard recruiting process, the Company experiences student retention problems resulting in high rates of withdrawal; (4) K12 schools often have far larger student-to-teacher ratios than the Company advertises; and (5) K12 teachers have been pressured to allow students to pass regardless of academic performance, in order to receive federal funds.

This company operates in Memphis and was marketed as a solution to the woes of public education. I get a large knot of disgust in my tummy when I see people capitalizing on poverty, I really do.