Connecticut Attorney General's Office

Press Release

Attorney General, CT School Of Broadcasting Announce Agreement To Complete Classes For Current Students

March 19, 2009

Attorney General Richard Blumenthal and The Connecticut School of Broadcasting (CSB) today announced that CSB has agreed to complete unfinished classes at all of its schools.

On March 6, CSB filed for bankruptcy relief in U.S. Bankruptcy Court in Boston after its primary lender removed funds from CSB's bank accounts.

As a result, CSB suspended classes at all of its schools in 16 states, including its two original campus locations in Connecticut at Farmington and Stratford. An interim trustee has been appointed by the bankruptcy court on behalf of CSB to conduct an orderly liquidation.

At Blumenthal's urging, CSB presented a plan to complete the suspended classes. The bankruptcy court approved that plan today, and CSB expects to resume the suspended classes as early as March 23, enabling 43 Connecticut students to complete unfinished classes and receive their degrees.

Students may check CSB's website, www.GoCSB.com, for updates as to the resumption of classes.

"This agreement enables students to complete critical class credits and degrees that they worked tirelessly to achieve," Blumenthal said. "We appreciate the efforts of CSB and the bankruptcy trustee to reach a solution that meets the needs of students -- some only weeks or days away from graduating. My office will continue to monitor the teach-out to ensure that CSB's students receive their well-deserved degrees and any records and materials they need. I will also assure that refunds are received by any student who registered and paid for future courses."

CSB President David Banner said, "We recognize that the needs of our current students are paramount. CSB and its students owe a great deal of thanks to Attorney General Blumenthal for supporting a plan that will allow CSB to conduct a nationwide teach-out of the classes that were suspended due to the bankruptcy."

Also, students who registered and paid a deposit for classes that have not yet begun, including 53 students in Connecticut, will receive refunds. The details on obtaining those refunds will be announced soon.

Information regarding the teach-out and resumption of suspended classes is now posted on CSB's website at www.GoCSB.com. Students with any questions should also direct inquiries to David Banner at CSBinformation@gmail.com or call 646-248-2027.

Students may also go to the Connecticut Department of Higher Education website at www.ctdhe.org for additional information.