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Law Blog - WSJ.com (Free subscription) | 08/06/2008
A federal judge overturned a verdict against Apollo Group, ruling that jurors erred in January when they sided with a class of shareholders who had sued the company for fraud.
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Arizona Republic (Free subscription) | 08/06/2008
University of Phoenix parent Apollo Group has been dogged for five years by the fallout from a blistering government report on its student recruitment tactics. But it's a major step closer to putting the matter behind it, after a federal judge threw out a nearly $300 million jury award against the company this week.
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The 10b-5 Daily (Free subscription) | 08/06/2008
As it turns out, the defense is on a winning streak in securities class action trials. Although the jury verdicts in the recent JDS Uniphase (for defendants) and Apollo Group (for plaintiffs) trials were split, the Apollo Group defendants achieved...
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The Business Journal of Phoenix (Free subscription) | 08/05/2008
Apollo Group Inc. announced Tuesday a judge overturned a $277 million verdict against Apollo in a securities lawsuit.
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Seattle Times (Free subscription) | 08/05/2008
A federal judge has overturned a $280 million verdict against the for-profit company that owns the University of Phoenix.
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Miami Herald (Free subscription) | 08/05/2008
A federal judge has overturned a $280 million verdict against the for-profit company that owns the University of Phoenix.
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Star Tribune (Free subscription) | 08/05/2008
Apollo Group Inc. was ordered to pay shareholders that amount in January after a jury decided it fraudulently misled investors about its student recruitment policies.
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San Fransisco Chronicle (Free subscription) | 08/05/2008
A federal judge has overturned a $280 million verdict against the for-profit company that owns the University of Phoenix. Apollo Group Inc. was ordered to pay shareholders that amount in January after a jury decided it fraudulently misled investors about its...
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The Washington Times (Free subscription) | 08/05/2008
A federal judge has overturned a $280 million verdict against the for-profit company that owns the University of Phoenix.
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Seattle Post-Intelligencer (Free subscription) | 08/05/2008
PHOENIX -- A federal judge has overturned a $280 million verdict against the for-profit company that owns the University of Phoenix.
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CFO (Free subscription) | 08/05/2008
Judge overturns federal jury's ruling that parent Apollo Group defrauded investors, which was to have led to $280m in shareholder payments.
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Law Blog - WSJ.com (Free subscription) | 08/05/2008
Back in June, the WSJ reported on the relatively rare phenomenon of companies taking class-action shareholder suits all the way to trial; JDS Uniphase is one of a handful that have won. Now it looks as though the Apollo Group can also claim that rare distinction. Yesterday, Apollo, owner of the for-profit University of Phoenix, persuaded [...]
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Hindu (Free subscription) | 07/25/2008
HYDERABAD: Save A Child’s Heart Foundation (SACH), the charitable wing of Apollo Group, will conduct a fund-raising event on August 17 at Novotel. The event will involve Bollywood stars, erstwhile princesses of Indian royalty ...