Harwood Feffer LLP Announces Investigation of Career Education Corp.

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims on behalf of purchasers of the securities of Career Education Corporation (“CEC” or the “Company”) (NASDAQ: CECO), concerning whether the Company has violated Federal securities laws.

On November 1, 2011, CEC announced the resignation of CEO Gary McCullough due to "complexities of the regulatory environment and other issues that have arisen over the last year." The company also admitted: (i) that its independent counsel had confirmed allegations that some of the company's schools had misled students about their job prospects after graduation; and (ii) the New York State Attorney General's office has subpoenaed documents and is currently investigating the Company for possible violations of state consumer protection, securities, and finance laws in connection with its New York-based schools.

On this news, CEC stock plunged nearly 55% from $16.13 per share at close on October 31, 2011 to $7.37 per share at close on November 3, 2011.

If you own CEC shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.Matthew M. Houston, Esq.Benjamin Sachs-MichaelsHarwood Feffer LLP488 Madison AvenueNew York, New York 10022Phone Numbers: (877) 935-7400(212)935-7400Email: bsachsmichaels@hfesq.comWebsite: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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