Apollo Settles University of Phoenix Lawsuit

 

Strict Standards: Declaration of C_DataMapper_Driver_Base::define() should be compatible with C_Component::define($context = false) in /nfs/c06/h01/mnt/156219/domains/quitamteam.com/html/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/datamapper/class.datamapper_driver_base.php on line 0

Apollo was alleged to have paid college recruiters in a compensation structure based solely on how many students enrolled. That type of compensation is illegal if it is the only means of determining compensation. The settlement consists of $67.5 million in penalties to the US, and $11 million in lawyer’s fees/qui tam provisions to two private whistleblowers. Though the suit has raged on since 2003, it is not the only one Apollo has faced. In 2004, the company settled a similar suit for $9.8 million. This current suit was originally filed in 2003, but was dismissed twice in 2003 and 2004, until it was finally reinstated in 2006.

Related Articles:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0_TscSKjRBI&pos=5

http://www.foxbusiness.com/story/markets/industries/finance/apollo-group-resolves-university-phoenix-false-claims-act-case/

 
 
 

0 Comments

You can be the first one to leave a comment.

 
 

Leave a Comment

 

You must be logged in to post a comment.