Investors who filed a lawsuit against the Apollo Group, owner of the University of Phoenix had a lower court ruling overturned by a federal judge.
The plaintif investors had won a $280 million verdict or $5.50 per share when they claimed that Apollo had mislead them about a Department of Education report critical of the recruitment [...]

Continue reading " University of Phoenix Has Verdict Overturned "

Lawsuit abuse in essence is legalized extortion. Really, it’s the extraction of money from someone else with a hefty bite taken out first.
If you read financial publications like “The Wall Street Journal”, class action lawsuits are at the very center of this abuse.
If you enjoyed this post, make sure you subscribe to my RSS [...]

Continue reading " Lawsuit Abuse- Legalized Extortion "