Warrants Served At ITT Tech Campuses

U.S. federal agents served warrants and searched campuses of ITT Technical Institutes in eight states, scaring investors who sent shares of the technical school plunging by a third.

Authorities would not say why they conducted Wednesday’s searches, which caused classes to be cancelled for the day at campuses where students were turned away and faculty and staff questioned.

Read more on this story at Globe Technology.