“Plaintiffs' counsel were not required to tell the Court or defendants about GLC's litigation financing. But making untruthful and misleading statements about it is a different matter,” Kennelly wrote in his order. Kennelly noted that more than 74,000 students have already submitted claims to a $320 million settlement fund. The five defendants who have not settled are Cornell, the University of Pennsylvania, the Massachusetts Institute of Technology, Georgetown University and the University of Notre Dame. A University spokesperson declined to comment, while attorneys for the other university defendants did not immediately respond to requests for comment.

Source: Daily Sun April 10, 2026 09:10 UTC