Sterling Capital Partners Released from Class ActionPDF
A federal judge ruled Thursday that Sterling Capital Partners LP and Sterling Capital Partners Gmbh & Co. KG were dismissed from a class action lawsuit against the Charlotte School of Law. The judge found that the court had no jurisdiction over the two defendants. Robinson Bradshaw attorneys Robert E. Harrington and Adam K. Doerr represented the Sterling entities in this case along with Ropes & Gray.
“Plaintiffs make a feeble attempt in their opposition brief to tie the Sterling defendants to their claims by vaguely citing ‘their conduct related to the longterm [sic] financing and strategic goals of InfiLaw and the for-profit law school that it owned and operated in Charlotte, North Carolina,’” Judge Mullen wrote. “These allegations … do not establish that Sterling entities had any sort of control of CSL beyond long-term financing.”
Law360 and the ABA Journal covered the decision. Read Law360's “InfiLaw Financers Escape Suit Against For-Profit Law School” here. Read the ABA Journal's "InfiLaw Investors let out of Students' Fraud Lawsuit Against Charlotte School of Law" here.