Risk & You 2011
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Ten Risky Companies In North America

GMI cites several areas of concern at the for-profit education company: federal allegations about questionable recruiting practices; the "quality of Apollo's governance," lack of investor influence and analysis of financial statements, which "suggest it may be inappropriately capitalizing assets and smoothing earnings."

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Apollo Group (APOL)

GMI cites several areas of concern at the for-profit education company including federal allegations about questionable recruiting practices, the "quality of Apollo's governance," the lack of investor influence and an analysis of financial statements that "suggest[s] it may be inappropriately capitalizing assets and smoothing earnings."

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