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Teamsters Local 617 Pension & Welfare Funds v. Apollo Group, Inc et al
Case Number:
2:06-cv-02674
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
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February 24, 2015
U. Of Phoenix Parent Drops $13.1M To Settle Backdating Suit
The corporation behind the for-profit University of Phoenix has asked an Arizona federal judge to approve a $13.1 million settlement in a class action accusing top executives of illegally reaping millions of dollars by backdating stock options, marking the end of a seven-year legal battle.
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April 05, 2011
Apollo Group Backdating Suit Gets The Boot
An Arizona federal judge on Thursday dismissed with prejudice a twice-amended proposed class action claiming top brass at Apollo Group Inc., which runs the for-profit University of Phoenix, illegally backdated stock option grants going back more than a decade.