LAWSUITS NEWS & LEGAL INFORMATION
BAR/BRI and Kaplan, Inc.
This is a settlement for the Antitrust lawsuit.
Los Angeles, CA: (May-08-07) In a class action suit filed against BAR/BRI and Kaplan, Inc., plaintiffs alleged that BAR/BRI agreed not to compete with Kaplan, Inc. in the LSAT review business and Kaplan, Inc. agreed not to compete in the bar review business, thereby violating federal antitrust laws by preventing a competitive bar review course from being marketed and sold. BAR/BRI provides full-service bar review courses to would-be attorneys preparing to take one or more bar examinations required by each state and the District of Columbia prior to the issuance of a license to practice law. The suit further contended that as a result of defendants' conduct, consumers paid more for BAR/BRI bar review courses. The defendants' did not admit to any allegations or admit any liability though they agreed to settle the suit against them with a payout of $49 million. They claimed that the settlement took place to avoid the risks and expense of further litigation. The settlement also provides for other non-monetary relief. Class Members are eligible to obtain up to 30% of the total amount they paid for a bar review course from a fund. The class includes persons who purchased a BAR/BRI full-service bar review course between August 1, 1997 and July 31, 2006, unless they requested exclusion on or before August 13, 2006.
[PR NEWSWIRE: BAR EXAM ANTITRUST]
Published on May-10-07
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