-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QhbnAz0IjbII3c3vDtTAXDu+zetS6kG5K4RQVsbG0cikSbYQjEiC5Hol8Z3oT9je Gv1OIuZqbNJexVM3o6eC6g== 0001104659-06-037322.txt : 20060524 0001104659-06-037322.hdr.sgml : 20060524 20060524171752 ACCESSION NUMBER: 0001104659-06-037322 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060518 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060524 DATE AS OF CHANGE: 20060524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAREER EDUCATION CORP CENTRAL INDEX KEY: 0001046568 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 363932190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 06864966 BUSINESS ADDRESS: STREET 1: 2895 GREENSPOINT STREET 2: SUITE 600 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60195 BUSINESS PHONE: 8477813600 MAIL ADDRESS: STREET 1: 2800 WEST HIGGINS ROAD STREET 2: SUITE 790 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60195 8-K 1 a06-12392_68k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

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):  May 18, 2006

 

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

0-23245

 

36-3932190

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)

 

 

 

 

 

2895 Greenspoint Parkway, Suite 600, Hoffman Estates, IL

 

60195

(Address of Principal Executive Offices)

 

(Zip Code)

 

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

 

 

(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):

 

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

 

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

 

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

 

o 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 May 18, 2006, Career Education Corporation (the “Registrant”) issued a press release to announce the preliminary results of stockholder voting at the Registrant’s annual meeting of stockholders. A copy of the Registrant’s press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.

 

The information contained in this Form 8-K, including the exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and it shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

 

Number

 

Description of Exhibits

 

 

 

99.1

 

Press Release of Registrant dated May 18, 2006, reporting the preliminary results of stockholder voting at the Registrant’s annual meeting of stockholders.

 

2



 

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/ Janice L. Block

 

 

 

Janice L. Block

 

 

Senior Vice President, Chief Legal Officer,
and Corporate Secretary

 

Dated: May 23, 2006

 

3



 

Exhibit Index

 

Exhibit

 

 

Number

 

Description of Exhibits

 

 

 

99.1

 

Press Release of Registrant dated May 18, 2006, reporting the preliminary results of stockholder voting at the Registrant’s annual meeting of stockholders.

 

4


EX-99.1 2 a06-12392_6ex99d1.htm EX-99.1

Exhibit 99.1

 

 

FOR IMMEDIATE RELEASE

 

Contact:

 

Media:

Pattie Overstreet-Miller

847/851-7351

www.careered.com

 

Lynne Baker

847/851-7006

www.careered.com

 

Career Education Stockholders Elect Company’s Board Nominees and Approve Corporate Governance Proposals

 

HOFFMAN ESTATES, IL, MAY 18, 2006 – At its 2006 Annual Meeting of Stockholders held today, Career Education Corp. (NASDAQ:CECO) announced that, based on its receipt of preliminary results in its contested election, stockholders have elected all three of its nominees -- Patrick W. Gross, Steven H. Lesnik and Keith K. Ogata -- to the company’s Board of Directors. Final results will be announced in the coming weeks of the vote tabulation by IVS Associates, Inc., the independent inspector of election.

 

The company also reported that its proposals to institute a phased declassification of the Board and to allow stockholders holding two-thirds of its shares to call a special meeting received the required margin for passage.

 

“We are grateful that the stockholders have supported the company’s recommended nominees and we are pleased at the acknowledgement by investors of our corporate governance enhancements,” said John M. Larson, Chairman, President and Chief Executive Officer of Career Education. “The depth of experience and industry knowledge of our board is important to Career Education’s ongoing success as we move the company forward. Now we can turn our undivided attention to the resolution of remaining legal and regulatory issues, and focus on the business of delivering high-quality student education and enhanced value for stockholders.”

 

In addition, at the Annual Board of Directors Meeting yesterday, the Board voted to create a new compliance committee that will cover the areas of ethics, federal and state regulatory matters

 



 

related to education, and accreditation issues, consistent with criteria approved by the Board. The committee will be chaired by Leslie Thornton, former long-time Chief of Staff to United States Education Secretary Dick Riley. Ms. Thornton, who joined the Career Education Board in December 2005, is a partner at the Washington D.C. based law firm Dickstein Shapiro, where she focuses on educational regulatory compliance and internal corporate investigations. She is joined on the committee by fellow directors Dennis Chookaszian, Steven Lesnik and Keith Ogata.

 

Preliminary results of the election were tabulated by Georgeson Shareholder Communications, Inc., Career Education’s proxy solicitation firm.

 

About Career Education Corporation

 

The colleges, schools and universities that are part of the Career Education Corporation (CEC) family offer high quality education to more than 95,000 students across the world in a variety of career-oriented disciplines. The 80-plus campuses that serve these students are located throughout the U. S., Canada, France, the United Kingdom, and the United Arab Emirates and offer doctoral, master’s, bachelor’s, and associate degrees and diploma and certificate programs. Approximately one third of students attend the web-based virtual campuses of American InterContinental University Online and Colorado Technical University Online.

 

Career Education is an industry leader whose gold-standard brands are recognized globally. Those brands include, among others, the Le Cordon Bleu Schools North America; the Harrington College of Design; the Brooks Institute of Photography; the Katharine Gibbs Schools; American InterContinental University; Colorado Technical University and Sanford-Brown Institutes and Colleges. The mission of CEC, through its schools, its educators, and its employees is education--their primary goal, to enable students to graduate successfully and pursue rewarding careers.

 

For more information see www.careered.com. The company’s website also has a detailed listing of individual campus locations and web links for its 80-plus colleges, schools and universities.

 


 

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