A proposed class action settlement between the owner of the now-closed Charlotte School of Law and former students is facing sharp opposition from some plaintiffs who say defendant InfiLaw Corp. hasn’t offered enough financial evidence to justify a relatively low $2.65 million settlement amount.

Judge Graham Mullen of the U.S. District Court for the Western District of North Carolina preliminarily approved the settlement in September, but the objectors claim that attorneys representing the settling plaintiffs merely took InfiLaw at its word that its coffers have largely been depleted and that very little money remains from its insurance policy with which to pay former students, who claim they were misled about Charlotte’s accreditation status with the American Bar Association.

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