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Crimson investor company’s $191m deceptive conduct settlement

Edtech company valued at $1 billion following $67.6m Series D round.

Tertiary education consultancy company Crimson has attracted a range of investors.

Kate McVicar Tue, 05 Nov 2024

The company run by a new investor in edtech company Crimson Education paid US$191 million ($319.5m) to settle a deceptive conduct case brought by the Federal Trade Commission over the way the education company he was CEO of was advertised in the US.

Today, Crimson – founded by Jamie Beaton,

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Kate McVicar Tue, 05 Nov 2024
Contact the Writer: kate@nbr.co.nz
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Crimson investor company’s $191m deceptive conduct settlement
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