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Filed in the United States District Court for the District of Maryland, the suit described the school’s scheme to lure Black and female students into their Doctor of Business Administration.
Three students sue coding bootcamp Lambda School alleging false advertising and financial shenanigans Lambda School has attracted a lot of attention, and raised some $130 million in venture funding from an impressive list of investors, for its novel approach to coding education: offering six-month virtual computer science courses for $30,000, with the option of paying for the courses in installments based on a sliding scale that only kicks in after you land a job that makes at least $50,000. But it turns out that the startup is attracting a lot of controversy, too. In the latest development,...