November 27, 1998
Adelphi's Former Trustees Reach Multimillion-Dollar Settlement With University
Adelphi University's former trustees and president agreed to a multimillion-dollar settlement with the institution last week, resolving several lawsuits and years of controversy.
The settlement -- which provides Adelphi with more than $4-million in cash and canceled debt -- is unusual in that the former trustees are being held personally liable for their actions in setting the salary of the former president,
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