Rigrodsky & Long, P.A. Announces A Class Action Lawsuit Has Been Filed Against K12 Inc. For Violations Of The Federal Securities Laws

K12 is a technology-based education company that offers proprietary curriculum, software systems and educational services for kindergarten through the 12th grade. The Company provides educational content to students through online schools and by direct sales to school districts.

The Complaint alleges that defendants, the Company and certain of its officers, made materially false and misleading statements during the Class Period regarding the Company’s business and financial results. Specifically, the Complaint alleges that defendants made material misstatements and failed to disclose that it had engaged in deceptive student recruiting practices, as well as improper academic assessment practices in order to increase the Company’s student enrollment and revenues. These material misrepresentations and omissions artificially inflated the price of the Company’s stock price throughout the Class Period.

When, on December 12, 2011, The New York Times reported that K12 had engaged in improper practices at its primary virtual charter schools, the price of the Company’s stock dropped $9.89, or more than 34%, per share on unusually heavy volume. The Company’s stock price declined further in the following days as the market digested the news about K12′s improper practices, dropping from a closing price of $28.79 per share on December 12, 2011 to a closing price of $18.90 per share on December 16, 2011.

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Olentangy will work to stretch levy this year

The Olentangy Local School District will continue to tighten its belt in 2012 as its student body continues to grow.

This year, the district will look to the future, making plans to to stave off the construction of new schools and examining new ways to integrate technology into the curriculum, officials said.

Dual-enrollment opportunities and new online classes will free up some space while simultaneously giving ambitious students a chance to excel in 2012, leaders said.

Teachers will unveil new online classes this year that they began to develop in 2011.

Lucas said he hopes to see more Olentangy high school students earning college credit this year than ever before.

The district’s alternative high school track, OASIS, is expected to expand in 2012 after getting its start last year.

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Morning Bell: Top 10 Education Stories of 2011

7. House Education and the Workforce Committee moves to reduce federal role in education. This year, the House Education and the Workforce Committee put forward some major proposals to begin the important work of reducing the federal role in education. Two important proposals were introduced: one, by Rep. Duncan Hunter (R-CA), would trim the number of programs under NCLB from around 80 down to 43. Another by Chairman John Kline (R-MN), would allow states more flexibility to spend federal education dollars in a way that best meets the needs of local students. Both are good first steps to returning more power to state and local leaders, and reducing Washington’s bloated role in education.

6. Online learning growth accelerates. In 2011, a growing number of families decided to take advantage of the online learning options now available for K-12 students across the country. According to Keeping Pace with K-12 Online Learning, there are now 30 states with full-time online learning schools, open to students from districts across the state. Forty states offer state-run virtual schools, online charter schools are proliferating, and many more families are taking advantage of private online learning providers. Across the country, students are taking millions of courses online, customizing their educational experiences.

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Cambridge Judge Business School delivers Leadership Programme for UNICEF

Designed for UNICEF’s senior leaders, the Senior Leadership Development Programme will be delivered in study blocks for around 150 of UNICEF’s leadership team over a two-year period.

In a time of unprecedented internal and external change, including the introduction of new organisation-wide systems and processes, UNICEF determined the need for a competency-building, strategic and developmental leadership programme. The UNICEF leaders involved will benefit from a deeper understanding of team work and the drive for results, support in gaining a long-term strategic view, as well as having the opportunity to be challenged by a network of world-class faculty, sector experts and each other.

The duration of each group is seven months and the content is split into three study blocks covering key leadership areas and delivered globally at locations including UNICEF’s headquarters in New York and at Cambridge Judge Business School, UK. The programme utilises a blended learning approach of plenary faculty-led discussions, group coaching, individual mentoring, project work and online interaction and learning through a Virtual Learning Environment.

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School Choice Offers Opportunity for the Teaching Profession

As technology changes and evolves, the world of education and teaching will undoubtedly change. Teachers across the country must stay ahead of the curve.

Although some teachers and the unions see school choice as foreboding for the public school outlook, school choice encompasses empowerment for the parent to choose an environment that employs teachers in all arenas. A new era has been ushered in for education. Once limited to rigid traditional school terms and schedules, teachers are employed in traditional public schools, charters, private schools, religious schools, and online schools just to name a few. Educators will in turn have choices themselves when deciding when, where and how to teach kids.

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Best Online High Schools gets new design

Best Online High Schools has now been updated with a new design and new features. This new version will continue to provide you with the best information available on the Internet about online high schools.

Come take a look!

Moyer open under new management

Since Moyer opened in 2006, students had failed to score at the state’s average level for any grade or subject. Last year’s test scores placed the school last for grades eight and 10. The worst results were for 10th-grade students: 9 percent scored proficient in reading and 5 percent were proficient in math.

In mid-July, citing a willingness to keep Moyer open, state officials gave control of Moyer to K12, which specializes in online classes. Several state, local and community leaders vowed to make Moyer, located in a troubled city neighborhood, among the best schools in the state.

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