HERNDON, Va.--(BUSINESS WIRE)--Sep. 11, 2012--
K12 Inc. (NYSE: LRN). In response to a number of articles recently
issued regarding allegations of teacher certification issues in Seminole
County, Florida, K12 hereby issues the following statement.
In May 2012, when K12 first became aware that Seminole County submitted
its materials regarding teacher certification issues (the “Seminole
Materials”), K12 immediately requested copies of the Seminole Materials
under Florida’s Sunshine Law provisions.
Seminole County forwarded its materials to the State Department of
Education without any prior communication regarding them with K12.
Immediately upon receipt of the Seminole Materials, K12 launched an
internal investigation into what it considers to be very serious
accusations. K12 also retained a respected former U.S. Attorney to
investigate the allegations. Further, K12 affirmatively reached out to
the office of the Inspector General (IG) and offered to assist in
arranging interviews of the relevant staff and access to all relevant
records. The IG worked with K12 on scheduling interviews, and K12 also
has worked closely with IG staff to understand and access all the
relevant records.
K12 respects the integrity of the IG’s process, and therefore will not
comment on the substance of that process until the IG has had the time
to complete the work and issue its finding.
However, K12, after its own investigation and that of the independent
counsel, does not believe that the conclusions drawn in the Seminole
Materials about teacher certification issues related to the instruction
of the 88 students involved in the relevant Survey 3 report are correct.
We look forward to continued cooperation with the IG as that office
completes its work. Conclusions prior to the completion of that work are
premature.
About K12 Inc.
K12 Inc. (NYSE: LRN), a technology-based education company, is the
nation's largest provider of proprietary curriculum and online education
programs for students in kindergarten through high school. Using 21st
century tools to prepare 21st century students, K12 provides a new
choice for students to learn in a flexible and innovative way, at an
individualized pace. K12 provides curriculums and academic services to
public and private online schools and districts, traditional classrooms,
blended school programs, and directly to families. K12 is accredited
through AdvancED, the world's largest education community. Additional
information on K12 can be found at www.K12.com.
Source: K12 Inc.
K12 Inc.
Investor Contact:
Christi Parker, 703-483-7077
VP,
Investor Relations
chparker@k12.com
or
Press
Contact:
Jeff Kwitowski, 703-483-7281
SVP, Public Affairs
jkwitowski@k12.com