06HeliMAN Posted February 6, 2008 Report Share Posted February 6, 2008 Finally got snared? Sounds like an odd way of laying off so many workers. And to leave your students hanging? Not too good, huh. :shock: http://herald-zeitung.com/story.lasso?ewcd...01650ixh13060E0 Quote Link to comment Share on other sites More sharing options...
Over-Talk Posted February 6, 2008 Report Share Posted February 6, 2008 This is sad news for the employees, and the students that have paid cash already. BUT they all had several years of warnings. Silver State has an appalling record of making huge promises that were never fulfilled. AND they have plenty of law suits against them to prove it. In the long term, this will be a good thing. I just wish the owner had ended-up in jail rather than declaring bankruptcy first. [removed by moderator] Quote Link to comment Share on other sites More sharing options...
Guest BeeBee Posted February 9, 2008 Report Share Posted February 9, 2008 I suspect Mr. Airola will be looking over his shoulder for a long time to come. Quote Link to comment Share on other sites More sharing options...
Over-Talk Posted March 3, 2008 Report Share Posted March 3, 2008 Just in case some of you want a piece of Silver State (or EOS Partners, its private equity investor)...... a class action suit for fraud has been launched against them. http://www.danreedlaw.com/ Quote Link to comment Share on other sites More sharing options...
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