Law School Sued By Its Own Grads For Fraud
August 11, 2011 by USA Post
Law School Sued By Its Own Grads For Fraud, – A class action claims and 200 million of New York Law School graduate opportunities for misrepresenting the law and issues the “vast majority” of its graduates to “years of indentured servitude” after “saddled with tens of thousands of dollars in crushing, non-dischargeable debt taken literally decades to pay. ”
Lead plaintiffs Alexandra Gomez-Jimenez, Scott and Katherine Tiedke sued the law school at New York County Court. Is not the first complaint against a recent law school. A similar class action was filed in May against Thomas Jefferson School of Law in San Diego. And a class action with similar claims was filed Wednesday in Federal Court against the Detroit School of Law Thomas M. Cooley.
The plaintiffs in the case of New York accused the Law of NY “systematic fraud is pervasive and permanent in the field of legal education and threatens to leave a generation of law students in dire financial straits.”
The kind of statements: “New York Law Dean Richard Matas, in fact publicly acknowledged this problem, when in a program sponsored by the Association of American Law Schools, [he] acknowledged that” we (the law school deans ) should be ashamed of ourselves.
We have the results of our students. Take them. We take your money. … And if they have a good outcome in life, we are exploiting. It is our own responsibility for the results of our institutions. If you’re not doing well … as it should be fixed. Or should we close the damn place down. And that’s a moral responsibility we have in the academy. “(Parentheses in the complaint, and parentheses.)
The complaint continues: “However, far from heeding his own advice by taking” ownership “of the results of their students, School Matas slogan of the vast majority of them to years of servitude, carrying tens of thousands of dollars in crushing, non-dischargeable debt taken literally decades to pay. New York law has done, while blatantly distort and manipulate their employment statistics to prospective students, using the type accounting techniques “Enron-style” that would leave most for-profit. companies facing the long barrel of a government investigation and the ability to pay a civil penalty These hoaxes are perpetuated substantial in order to prevent future students realize the obvious – attending NYLS and diverge in nearly 150,000 and payment of tuition is a terrible investment makes little economic sense, and most likely never will pay off.
. “Specifically, NYLS, through both print and online marketing materials, makes two basic falsehoods written, the first uniform, school during the class period states that the vast majority of graduates – about 90 to 95 percent – secure employment within nine months of graduation. However, the reality of the situation is that these seemingly solid numbers include all types of employment, including jobs that have absolutely nothing to do with the legal industry, not require a JD degree or are temporary or part time in nature, but if NYLS to reveal the most relevant employment statistics -. ie, graduates who have obtained full-time permanent jobs for which JD degree required or preferred – the number is drastically reduced, and could be well below 50 percent, if not even lower.
“Secondly, NYLS grossly inflated reported salaries of its graduates say, by the calculation based on a small, mostly self-selected subset of graduates who actually submit their salary information. For if the accused were to disclose salary data based on a broad representation, statistically significant number of its graduates, by including more graduates who have not been able to get full-time permanent employment, wages reported mean be drastically reduced.
“Defendants” are all the most shocking deceptions given that the school has worked as a real “JD-factory”, entry in 2009 1.596 students in total, an increase of 270 students since 2000. In 2009, the height of the “Great Recession and while the legal industry was experiencing historical employment cuts, NYLS registered its largest freshman class ever – -. 736 students was an amazing increase of 30 percent the previous year as detailed in the New York Times report, these increases can largely be explained by the desire of the school to maintain the AAA rating that Moody had given to the school and 135 million bond offering, which was floated to finance construction of a new brand of 235,000 square foot complex.
“To compound problems, there is no place where future students can find NYLS is” real “number of jobs. The school provides the same dubious statistics to news World Report U.S. dollars (” U.S. News’) and the American Bar Association (“ABA”), the two main sources for data on labor law school. As NYLS, these sources are counted as “employees” who have obtained employment in any position in any job, no matter how related to the legal field. ” Students demand and $ 200 million in damages for fraud, negligent misrepresentation, and violations of trade law.
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