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Good news for the students at Charlotte School of Law. Charlotte School of Law will pay former students $2.65 million under a proposed class-action settlement.
The school and student plaintiffs on Tuesday asked a federal judge in North Carolina to preliminarily approve the class and the settlement, saying it was the best deal the students could hope to achieve given the dire financial circumstances of the shuttered school and its parent company, InfiLaw Corp. The judge granted preliminary approval yesterday. The class-action settlement would end 4 federal suits and 90 state court suits.
Charlotte School of Law ran a net $8 million deficit in 2017, the year it closed. InfiLaw lost more than $7 million in 2017 and $6 million through June 2018. The settlement consists of the $2.5 million left from the school’s insurance policy, as well as $150,000 directly from InfiLaw.
Now, let Bar Professors help graduates of Charlotte Law School pass the bar exam. Contact us today and let us help you pass the UBE in February. Don’t wait, you need every day to get you over the finish line.
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