Shuman & Berens LLP Encourages Persons Who Currently Own Corinthian Colleges, Inc. Common Stock to Consider Their Legal Options Concerning Alleged Stock Option Backdating at the Company


DENVER, Nov. 16, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Corinthian Colleges, Inc. (Nasdaq:COCO) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at kip@shumanberens.com, concerning their rights and interests regarding alleged stock option backdating at the company.

Shuman & Berens LLP is investigating allegations concerning improper backdating of Corinthian Colleges stock options granted to company employees. On August 18, 2006, the company reported that the Securities and Exchange Commission had launched an informal inquiry into its past stock option grants.

For a free consultation regarding your rights and interests with respect to your Corinthian College stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at kip@shumanberens.com.

Shuman & Berens LLP's attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation, resulting in substantial recoveries to investors. For more information about Shuman & Berens LLP go to www.shumanberens.com.



            

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