Thread regarding University of Phoenix layoffs

Getting the best deal

What's a good deal for a settlement with Apollo Group/University of Phoenix? I cannot confirm this, but I believe there are several components to the equation: (1) status in the company, (2) documented and verifiable information about the company and its business practices, including incriminating evidence or evidence that will hurt the company's goodwill, (3) connections with people who have status, both inside and outside the company, (4) hiring a qualified lawyer/negotiator, and (5) willingness to file a federal lawsuit despite the NDAs and binding arbitration agreements. I wonder also, what the takeover by Apollo Global Management will do to student and employee lawsuits.

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| 1161 views | | 1 reply (April 6, 2016) | Reply
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EEOC complaints need to be resolved in mediation before they become a lawsuit by an employee or hopefully if EEOC sees enough complaints they will file their own lawsuit. complaints are not public record but lawsuits are so one would think in the best interest of the company to avoid bad publicity they would settle complaints to avoid the publicity of lawsuits especially during a buyout.usually upon termination or taking a voluntary layoff you sign an agreement not to discuss/say anything bad about the company and often in the agreements it says you can still file an EEOC complaint but you sign away any monetary compensation that might be associated with you winning your complaint. if not settled at mediation, conplaint can go to an investigation level where proof starts to be gathered by EEOC. obviously lawyers involved on the employee side want to settle at mediation to reduce their workload I.e. less work more money if they take the case on contingency. not sure how the UOP lawyer would be thinking....there they may want to extend the process so they get paid more or they may actually want to get everything settled and keep it quiet because of the buyout. I would think the people doing the buyout would be looking at financial statements and questioning how much money is being paid out in settlements and legal fees. a lot of this process purely speculation and part of a logical thought process but logic may not be involved in any of this where UOP is concerned. I would think they would want to get all the complaints resolved as quickly as possible because of the buyout and the FTC investigation. they probably don't want employees or ex-employees talking to the FTC or jeopardizing the buyout. so much craziness affecting the lives of students and employees. Sad.

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