Complex sentence: Around October 29,2011, rumors leaked out that the school was in serious financial trouble, and on October 31, a series of open forums were held with students, faculty, and alumni to address the crisis.
Split into simpler sentences: Around October 29,2011, rumors circulated that the school was in serious financial trouble. On October 31, a series of open forums were held with students, faculty, and alumni to address the crisis.