University of Miami President Julio Frenk confirmed the school is under investigation by the U.S. Department of Justice as part of its ongoing probe into corruption within college basketball.
"While we are alarmed and disappointed, we are steadfast in our belief that we must also act with the highest level of integrity and commitment to the pursuit of truth," Frenk said in a statement.
"To that end, we have pledged our full and complete cooperation with the Department of Justice probe as well as to the NCAA, with whom we will jointly review any relevant matters.