citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2015 learn how and when to remove this template message this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . august 2011 learn how and when to remove this template message devry education group type public traded as nyse dv industry education founded 1973 headquarters downers grove illinois united states key people lisa wardell president and ceo revenue 1 843.5 million fy16 number of employees tbd 2016 website devryeducationgroup.com devry education group is a united states corporation based in downers grove illinois that operates several for profit higher education institutions including advanced academics becker professional education carrington college chamberlain college of nursing devry brasil devry university american university of the caribbean and ross university schools of medicine and veterinary medicine . contents 1 history 2 devry education group subsidiaries 3 lawsuits and controversies 4 references 5 external links history edit devry education group is a successor to two separate entities devry institutes and the keller taylor corporation d b a keller graduate school of management . devry technical institute was acquired by the bell & howell company in 1966 and became part of its education group division . the school was renamed to devry institute of technology in 1968 . 1 in 1984 the education division was renamed devry inc. old devry and became publicly traded on the american stock exchange . the keller taylor corporation was formed in 1973 by dennis keller and ronald taylor . keller taylor was the holding company of cba institute in chicago which later became keller graduate school of management . in 1987 keller taylor acquired the devry institutes from bell & howell and merged with keller graduate school of management . the holding company s name changed to devry inc. in 1991 devry became the first publicly traded education provider with an initial public offering on the nasdaq stock exchange . today its stock is traded on the new york stock exchange under the symbol dv nyse dv . 1 in 1996 devry acquired becker cpa review now becker professional education . in 2002 devry institute of technology and keller graduate school of management became devry university . the company diversified into healthcare in 2003 with the acquisition of ross university and added chamberlain college of nursing then deaconess college of nursing in 2005 . 1 in 2007 devry expanded its reach into online education with the addition of advanced academics an online secondary education that partners with schools and school districts across the united states . carrington college formerly known as apollo college and western career college joined devry in 2008 . in 2009 devry acquired a majority stake in fanor now known as devry brasil a provider of post secondary education with campuses located in northeastern brazil . in june 2009 standard and poor s added devry inc. to its index of stocks replacing newly bankrupt general motors . 1 in 2011 devry continued its international reach with the acquisition of atc international a subsidiary of becker professional education which provides professional finance and accounting training in central and eastern europe as well as central asia ; and american university of the caribbean a medical school located in st. maarten . 2 in november 2013 devry inc. was renamed to devry education group . 3 daniel hamburger resigned in 2016 as ceo of devry with a payout of 5.3 million dollars . eight year board member lisa wardell was appointed president and ceo of devry education group . 4 devry education group subsidiaries edit devry subsidiaries include advanced academics american university of the caribbean becker professional education atc international the carrington colleges group chamberlain college of nursing devry brasil devry university and its keller graduate school of management ross university school of medicine and ross university school of veterinary medicine . 5 devry brazil s enrollment in 2016 was 79 280 students . 6 lawsuits and controversies edit the for profit education industry has been the subject of hearings by the united states senate committee on health education labor and pensions . specifically with regard to devry inc. the committee 7 found that over half of the students who enrolled at devry in 2008 2009 withdrew by mid 2010 . 8 devry spends more on marketing than on student instruction . 8 approximately 80 % of devry s revenue is federal education funds . 8 as of 2013 update devry inc. is under investigation by the attorneys general of the states of illinois and massachusetts . 9 10 a lawsuit has been filed against devry alleging deceptive recruiting practices in violation of federal law . 11 in january 2016 the federal trade commission filed a lawsuit against devry education group alleging false or misleading advertising . 12 13 a class action lawsuit was also filed against devry group in us district court northern district of california claiming breaches of contract good faith and fair dealing violations of the california unfair trade practices act the california false advertising act and the california consumer legal remedies act and negligent misrepresentations . a confidential settlement was reached . 14 in may 2016 a shareholder class action lawsuit was filed against devry group in the us district court northern district of illinois . the plaintiffs claimed that defendants made false or misleading statements regarding devry university s graduate employment rate and the earnings of devry university graduates relative to the graduates of other universities and colleges . 15 in june 2016 t lani robinson and robby brown filed an arbitration demand with the american arbitration association seeking relief for breach of contract negligence violation of the illinois uniform deceptive trade practices act conversion and unjust enrichment . 16 references edit a b c d 1 archived april 6 2011 at the wayback machine . 2 archived february 11 2012 at the wayback machine . subscription center . chicagobusiness.com . retrieved 19 may 2015 . for profit college company devry education group replaces ceo . washingtonpost.com . retrieved september 21 2016 . devry inc. our schools . devry inc. retrieved august 12 2011 . https www.sec.gov archives edgar data 730464 000114420416121173 v446933 10k.htm us senate committee on health education labor & pensions . senate.gov . retrieved 19 may 2015 . a b c devry inc. introduction pdf . help.senate.gov . retrieved 2015 07 02 . illinois massachusetts issue subpoenas to devry . tribunedigital chicagotribune . retrieved 19 may 2015 . devry faces investigations from attorneys general in 2 states the ticker blogs the chronicle of higher education . chronicle.com . retrieved 19 may 2015 . devry university hit with lawsuit alleging officials would bribe students violate federal regulations . the huffington post . retrieved 19 may 2015 . ftc brings enforcement action against devry university . federal trade commission press release . retrieved 27 january 2016 . https www.ftc.gov system files documents cases 160127devrycmpt.pdf https www.sec.gov archives edgar data 730464 000114420416121173 v446933 10k.htm https www.sec.gov archives edgar data 730464 000114420416121173 v446933 10k.htm https www.sec.gov archives edgar data 730464 000114420416121173 v446933 10k.htm external links edit devry education group becker professional education v t e devry education group divisions american university of the caribbean becker professional education carrington college chamberlain college of nursing devry university ross university school of medicine ross university school of veterinary medicine related bell & howell retrieved from https en.wikipedia.org w index.php title devry education group & oldid 742653113 categories companies listed on the new york stock exchangeeducation companies of the united statesfor profit universities and colleges in the united stateshidden categories articles with wayback machine linksarticles needing additional references from july 2015all articles needing additional referencesarticles lacking reliable references from august 2011all articles lacking reliable referencespages using infobox company with unsupported parametersarticles containing potentially dated statements from 2013all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages portugu s edit links this page was last modified on 4 october 2016 at 23 56 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view