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15 Aug, 2008 2:03 pm
... . However, the district court recently overturned the jury's verdict. In re Apollo Group, Inc. Securities Litigation,
04-CV-2147-PHX-JAT (August 4, 2008). In its post-trial motion, Apollo Group argued that the evidence at trial was insufficient to
support a finding that there was any "corrective disclosure" ... element for proving a section 10(b)/Rule 10b-5 violation. Although Apollo was
ultimately successful on the merits in the securities class action, it may have experienced a financial loss ...
17 Jan, 2008 5:16 am
... a federal jury in the United States District Court for the District of Arizona found that Apollo Group, Inc.
("Apollo") and two former Apollo executives violated federal securities laws by fraudulently
misleading its investors about its ... a number of factors, and not directly in relation to the number of students they enrolled in the University. In addition, Apollo asserted that legally they were not required to disclose unsubstantiated allegations from a preliminary government report. The jury ...
6 Aug, 2008 12:01 pm
... s wholly-owned subsidiary, University of Phoenix (UOP). In re Apollo Group, Inc. Securities Litig., ___ F.R.D. ___ (D.Ariz.
August ... Five days later, the Flynn reports were issued. These reports downgraded Apollo's stock for various reasons, some of which PABF
argued at trial were ... meet this burden is to demonstrate "that a corrective disclosure caused the stock price to decline." In re Apollo, at
3 (footnote omitted) (citations omitted). For these purposes, "A 'corrective disclosure' is a disclosure ...
30 Sep, 2008 1:28 pm
In Hexion Specialty Chemicals, Inc. v. Huntsman Corp., (Del. Ch., Sept. 29, 2008), read opinion here, the Delaware Chancery Court rejected the arguments of Hexion, which is 92%
owned by private equity group Apollo, that it should be relieved of its contractual obligations to buy 100% of Huntsman's stock based on
a July 2007 agreement that was valued at $10.6 billion. Hexion/Apollo argued that the " ...
1 Jun, 2008 7:04 am
... It decided to bet the company and go to trial. Click here for a story by the WSJ's Ashby Jones. A group of JDSU shareholders, ultimately led by a Connecticut pension fund,
sued in 2002. The shareholders claimed that JDSU failed to disclose ... - partly because wins are anything but a sure best. For instance, in January, a Phoenix jury in a
securities-fraud suit ordered Apollo Group Inc., the owner of the University of Phoenix, to pay about $280 million to
shareholders. (Apollo has filed post-trial ...
7 Jun, 2007 2:29 am
... nor the Touhy decision authorizes a federal agency to withhold documents from a federal court." In re Apollo Group, Inc. Sec.
Litig., 2007 WL 778653, at *5 (D.C. Cir. 2007) ("[I]n Yousuf, the D.C. Circuit held that 'the Government is a 'person' subject to subpoena under Rule 45 ... .'"). ABL recently ran into
an obstinate federal agency that, even after Selden and In re Apollo, claimed that the federal government was not a person within the meaning
of Rule 45 and that its Touhy ...
5 Nov, 2008 7:35 am
Today's Arizona Republic reports that a proposed settlement has been filed in a religious discrimination lawsuit filed by the EEOC against Apollo Group Inc. The lawsuit alleges that the company's University of Phoenix Online discriminated against non-Mormon employees. The suit was
brought on behalf of 52 enrollment counsellors who say Mormons were favored in sales, leads, promotions and tuition waivers. In the ...
16 Jun 1:29 pm
... she would not be in line for a promotion because she had made an earlier pregnancy discrimination claim against UOP and its parent company, Apollo Group Inc. In the settlement, UOP admitted to no wrongdoing or liability according to a statement provided to the Phoenix Business
Journal. However, the EEOC said UOP will be required to provide updates on other possible retaliation claims by its workers.
2 Jul 6:48 am
... be in line for a promotion because she made an earlier pregnancy discrimination claim against the Phoenix-based company and its parent, Apollo Group Inc. This is a form of retaliation and is unlawful. The Equal Employment Opportunity Commission ("EEOC") filed a lawsuit against
the University of Phoenix on behalf of Tarhini in September 2008 in federal court, claiming the university violated retaliation statutes of the Civil Rights ...
12 Oct 1:55 pm
... of students they enrolled in the school. They filed a lawsuit against the school. The corporate executives in charge during this period of time are now at different schools, but the
case is left unsettled, as of yet. It is possible that the University of Phoenix parent, Apollo Group Inc, will seek a settlement
in the case, before the case is set to be heard in a court of law in March of 2010. The company has not disclosed any terms ...
25 Nov 3:00 am
... refuses to hear Chicago Redskins complaint: Suzan Harjo v. Pro-Football, Inc (The IP Factor) (TTABlog) Brazil gets closer to listing US IP retaliation ... Blog) FCA on trade
marks as security for costs: Austin, Nichols & Co Inc v Lodestar Anstalt (ipwars) Minister for Innovation decides not to change regulatory ... - insufficiently distinctive,
likely to be remembered in a promotional sense, rather than indication of origin: Apollo Group v OHIM (Class 46) CFI: CLEARWIFI - the
meaning is too clear ...
30 Mar 11:08 am
... lawsuit styled as Lawrence E. Jaffee Pension Plan v. Household International, Inc., a case that has been pending since August 2002. Background regarding the case ...
enactment. Two recent high profile trials involved JDS Uniphase and Apollo Group. As noted here, on November 27, 2007, the jury in the
JDS Uniphase trial ... stands at three each for the plaintiffs and defendants, as explained in my post regarding the Apollo Group post
trial motion. As for the question why this case is going to trial when so ...
17 Aug 10:44 am
... (Arlington, MA; Angela Mascioli, President) Anorak Corporation (Boston, MA; Aaron Gowell, President) Apollo Processing, Inc.
(Florence, MA; Carol Scheurer, President) Apperian ... Boston, MA; Louise Campbell, President) Bos Manold Fund For Haitian Opportunity, Inc., The (Jamaica Plain, MA; M.
Chamberlin, President) Boston Capital Energy Manager ... Ltd (East Boston, MA; Thomas D'alto, President) Ducere Consulting Group, Inc. (Brookline, MA; Timothy Aleong,
President) Dynawave Cable Incorporated (Haverhill ...
13 Nov, 2007 7:03 am
... 787-6057 Web: http://www.paddc.org Down Syndrome Chester County Down syndrome Interest Group, Inc. P.O. Box 258 Exton, PA 19341 Phone: (610) 889-0291 E ... also. We
specialize in Home Modification and Independent Living Construction projects. Liberty Resources, Inc 1341 North Delaware Avenue; Suite 105 Philadelphia, PA 19125 Phone: (215) ...
) 776-7569 E-mail: habitat.lv@rcn.com Kiski Valley Habitat for Humanity 320 Beaver Run Road Apollo, PA 15613-8845 Habitat for Humanity of
Bedford County, Inc. 137 ...
5 Jan 3:40 am
... the Trust Indenture Act did not independently provide a deadline for filing such reports with the SEC. Now, in UnitedHealth Group Inc. v. Wilmington Trust Co., the
Eight Circuit found that the issuers delay in filing its SEC ... Mellon and High River Limited Partnership v. Realogy. As noted in this Simpson Thacher memo: Realogy Corporation, an
affiliate of Apollo Management, terminated its invitations to holders of its outstanding unsecured high yield notes to exchange those notes for
second lien ...
12 Dec, 2008 3:54 pm
... The backstory is available via Bloomberg here. A short summary of highlights from that article follow: Apollo's Realogy Corp., owner of the
Century 21 and Coldwell Banker real estate ... the National City board who elected to sell the Cleveland bank to PNC Financial Services Group Inc. for $2.23 a share - when
the stock had closed at $2.75 a share on ... Black Horse Capital Offshore Ltd Cohanzick Management LLC, Lanphier Capital Management Inc Milestone Vimba Fund LP Ingalls &
Snyder LLC MSF 93 LP ...
23 Sep, 2008 9:17 pm
... at *2 (9th Cir. (Cal.) Feb. 26, 2007), disparagement was implicated by statements which cast doubt on Apollo's intangible right to
broadcast shows. In Pennfield Oil Co. v. American Feed Industry Inc. Co. Risk Retention Group, Inc., No. 8:05CV315, 2007 WL 1290138 ... assertion of FDA approval
for multiple uses of a drug was in question. In Liberty Mutual Ins. Co. v. OSI Indus., Inc., 831 N.E.2d 192, 199 (Ind. Ct. App. 2005), statements that questioned who had ...
23 Sep, 2008 9:17 pm
... at *2 (9th Cir. (Cal.) Feb. 26, 2007), disparagement was implicated by statements which cast doubt on Apollo's intangible right to
broadcast shows. In Pennfield Oil Co. v. American Feed Industry Inc. Co. Risk Retention Group, Inc., No. 8:05CV315, 2007 WL 1290138 ... assertion of FDA approval
for multiple uses of a drug was in question. In Liberty Mutual Ins. Co. v. OSI Indus., Inc., 831 N.E.2d 192, 199 (Ind. Ct. App. 2005), statements that questioned who had ...
6 Jul, 2006 12:37 pm
... stands at 59 and includes the following companies: Affiliated Computer Services Altera American Tower Analog Devices Apollo Group
Apple Computer Applied Micro Circuits Asyst Technologies Broadcom Brooks Automation CA Caremark Rx. CNET ... Circuit Juniper Networks KLA-Tencor Linear Technology L-3 Communications
Holdings Macrovision Marvell Technology Group Maxim Integrated Products McAfee Inc. Meade Instruments Medarex Mercury Interactive Michaels Stores Microsoft M-Systems Flash
Disk Pioneers ...
25 May, 2007 3:30 am
... Management LP -- has emerged as the winner for Houston-based logistics company EGL, Inc. over the management led-private equity bid championed by EGL chairman and ... winning
bid by information that Berto supposedly provided to Apollo/CEVA, it's not as if Crane and his group were prevented from continuing to
bid on the company. That Crane ... two competing bidders off on each other brilliantly. Although at first CEVA/Apollo appeared to be a
tire-kicker, they turned out to be a motivated buyer because EGL ...
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