Stone Academy was ordered to pay a prejudgment remedy of $5 million after the court found a defendant’s testimony to be false.

In February, Career Training Specialists LLC, doing business as Stone Academy, a private, for-profit occupational school, abruptly closed its doors, and “upended the lives of the hundreds of enrolled practical nursing students who paid tens-of-thousands of dollars to pursue their degrees to become Licensed Practical Nurses,” the complaint said.