A New York City law firm says they are investigating K12, Inc. to see if the nation’s largest online education provider mislead investors.
The law firm, Faruqi and Faruqi, cites a StateImpact Florida/Florida Center for Investigative Reporting report about Florida investigating the company for possible using improperly certified teachers. According to emails and other documents, K12 officials asked teachers to sign rosters which included students they had not taught.
The firm says any evidence they uncover could be used in a lawsuit. A pension fund has also filed suit against the company in federal court.
Two Florida school districts, Brevard and Volusia, are surveying parents to check which teachers taught their children.
Volusia schools spokesman Nancy Wait said the district has verified 13 K12 teachers were certified in the courses they taught, but has yet to hear back from some parents.