Month: January 2017

DeVry Settles with the FTC for Refunds and Debt Forgiveness

January 21, 2017

DEVRY SETTLEMENT INCLUDES $100 MILLION FOR REFUNDS AND DEBT FORGIVENESS and includes: $49.4 million that the FTC will use to provide partial refunds to people who paid for DeVry classes. $50.6 million to provide loan and debt forgiveness for students who currently owe money to DeVry. The settlement requires DeVry University to forgive and cancel the … More DeVry Settles with the FTC for Refunds and Debt Forgiveness

Gerchen Keller acquired by Burford after winning big on other people’s lawsuits

January 20, 2017

Source: Chicago investment firm wins big bankrolling other people’s lawsuits When Chicago investment firm Gerchen Keller Capital launched in 2013, it carved out an unusual and controversial niche — bankrolling multimillion-dollar commercial lawsuits in return for a share of any judgment or settlement.

Who Hacked Aaron Hernandez’s Jailhouse Calls?

January 11, 2017

A lawyer for Aaron Hernandez suggested Tuesday that Russian hackers could have been responsible for accessing the former New England Patriots star’s jailhouse phone calls. Source: Did Russians Hack Aaron Hernandez’s Jailhouse Calls? Much of the discussion at Tuesday’s hearing in Suffolk County Superior Court centered around Securus Technologies, a Dallas-based company that allowed an … More Who Hacked Aaron Hernandez’s Jailhouse Calls?

Federal Trade Commission settles case against DeVry for $100 million

January 10, 2017

Source: FTC case against DeVry yields $100 million settlement | Federal Trade Commission According to the FTC, DeVry violated the law by deceptively claiming that 90% of its grads actively seeking employment landed jobs in their field within six months of graduation. The complaint also challenged as misleading DeVry’s representation that one year after graduation, … More Federal Trade Commission settles case against DeVry for $100 million

Provider of jail phone services Securus Technologies ordered to preserve records of calls

January 5, 2017

Source: Judge in Aaron Hernandez lawsuit orders company to preserve records of jail calls – The Boston Globe A federal judge in Boston ordered Securus Technologies, Inc., the defendant in a lawsuit filed by Aaron Hernandez, to preserve records related to phone calls the former New England Patriot made.

Human trafficking lawsuit against Walmart headed to trial

January 5, 2017

Source: Judge rules human trafficking lawsuit against Walmart shrimp suppliers can go to trial Agnieszka Fryszman, an attorney who is representing the plaintiffs pro bono, wrote in a statement to Undercurrent News that her clients “had nothing to show for their hard labor and their families were poorer than before” when they returned home after … More Human trafficking lawsuit against Walmart headed to trial