Reports are surfacing that Lon Morris College in Jacksonville, TX, is undergoing a financial reconstruction. All but 11 employees have been furloughed.
Update Wednesday at 8:06pm: CNN talks to Lon Morris defensive line football coach Eric Morris. "For this to happen... it's really hurtful."
KLTV in Tyler shared the news that employees were let go in an email sent Wednesday morning from Morris VP Jack Nelson, and they've posted a copy of that email.
Bridgepoint Consulting Group has appointed director Dawn Ragan as Chief Restructuring Officer.