January 9, 2009
In Brief
Yale University will pay $7.6-million to the federal government to settle charges that its personnel mismanaged grants from 2000 to 2006 by improperly charging expenses to certain grant accounts before the grants expired.
Yale, which had been investigated for alleged violations of the False Claims Act, did not admit wrongdoing as part of the settlement but said it has since improved its grant-accounting procedures.
Bridgepoint Education, a company that has been expanding rapidly
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