$78.5 Million Settlement reached in Whistleblower lawsuit with Apollo Group

Date Filed:

Monday, December 14, 2009

Settlement Amount:

$78,500,000

A settlement has been reached in a whistleblower class action lawsuit brought against Apollo Group Inc who is accused of defrauding the government of billions in financial aid.

Apollo Group Inc agreed to pay $78.5 million to the U.S. and a share of $11 million will go the whistleblowers.

Filed in 2003, the lawsuit alleges the company violated a federal ban on paying recruiters on the basis of the number of students enrolled. Apollo Group Inc paid $9.8 million in 2004 to the Department of Education to settle similar allegations.

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$78.5 Million Settlement reached in Whistleblower lawsuit with Apollo Group

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