11-21-2024, 08:13 PM
"predatory" = STIPULATED ORDER FOR PERMANENT INJUNCTION AND MONETARY JUDGMENT
Plaintiff, the Federal Trade Commission (“Commission”)
Defendants, The University of Phoenix, Inc and Apollo Education Group, Inc.
...
2. The Complaint charges that Defendants participated in deceptive acts or practices in violation of Section 5 of the FTC Act, 15 U.S.C. § 45, in the advertising, marketing, and selling
of their educational products and services.
3. Defendants neither admit nor deny any of the allegations in the Complaint, except as specifically stated in this Order. Only for purposes of this action, Defendants admit the facts
necessary to establish jurisdiction.
...
5. Defendants and the Commission waive all rights to appeal or otherwise challenge or contest the validity of this Order.
...
ORDER
PROHIBITION AGAINST MISREPRESENTATIONS (Defendants...permanently restrained and enjoined from: making any misrepresentation, or assisting others in making any misrepresentation, expressly or by implication...)
...
MONETARY JUDGMENT (...Judgment in the amount of One Hundred Ninety Million Nine Hundred Sixty-Six Thousand Eight-Hundred and Six Dollars ($190,966,806) is entered in favor of the Commission against Defendants...)
...
https://www.ftc.gov/system/files/documen...dgment.pdf
I'd recommend reading the the full judgment. It's 18 pages, but it's around 5 pages without the margins and double spacing.
Plaintiff, the Federal Trade Commission (“Commission”)
Defendants, The University of Phoenix, Inc and Apollo Education Group, Inc.
...
2. The Complaint charges that Defendants participated in deceptive acts or practices in violation of Section 5 of the FTC Act, 15 U.S.C. § 45, in the advertising, marketing, and selling
of their educational products and services.
3. Defendants neither admit nor deny any of the allegations in the Complaint, except as specifically stated in this Order. Only for purposes of this action, Defendants admit the facts
necessary to establish jurisdiction.
...
5. Defendants and the Commission waive all rights to appeal or otherwise challenge or contest the validity of this Order.
...
ORDER
PROHIBITION AGAINST MISREPRESENTATIONS (Defendants...permanently restrained and enjoined from: making any misrepresentation, or assisting others in making any misrepresentation, expressly or by implication...)
...
MONETARY JUDGMENT (...Judgment in the amount of One Hundred Ninety Million Nine Hundred Sixty-Six Thousand Eight-Hundred and Six Dollars ($190,966,806) is entered in favor of the Commission against Defendants...)
...
https://www.ftc.gov/system/files/documen...dgment.pdf
I'd recommend reading the the full judgment. It's 18 pages, but it's around 5 pages without the margins and double spacing.


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