8-K 1 d339286d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 20, 2012

 

 

Apollo Group, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Arizona   0-25232   86-0419443

(State or other jurisdiction of

incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

4025 S. Riverpoint Parkway,

Phoenix, Arizona

  85040
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (480) 966-5394

Former name or former address, if changed since last report

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Section 8 - Other Events

Item 8.01 Other Events.

U.S. District Court Approves Settlement of Securities Class Action Lawsuit (Policeman’s Annuity and Benefit Fund of Chicago)

On April 20, 2012, the U.S. District Court for the District of Arizona approved the settlement agreement relating to the securities class action lawsuit entitled, In re Apollo Group, Inc. Securities Litigation, Case No. CV04-2147-PHX-JAT, and entered an order of final judgment and dismissal. Under the settlement agreement, which had been approved by the court preliminarily on November 28, 2011, we are required to pay $145.0 million to the plaintiffs. This amount was deposited into a common fund account on December 5, 2011, and was presented as restricted funds held for legal matter on our Condensed Consolidated Balance Sheets as of February 29, 2012.

In connection with approval of the settlement agreement and the dismissal of the lawsuit, the Court also vacated the judgment in this case against Apollo Group and the individual defendants, which had been entered by the Court on April 6, 2011.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Apollo Group, Inc.
April 24, 2012   By:  

/s/ Brian L. Swartz

    Name: Brian L. Swartz
    Title: Senior Vice President and Chief Financial Officer