A Georgia Tech electronics professor, who sued the Board of Regents after being suspended and arrested in connection with allegations that he conspired to funnel about $2 million in school funds to a company he co-owned, has reached a settlement with the state that will pay him all of his back pay, benefits and legal fees, and may return him to his duties as a tenured professor.
The settlement entered on April 11 will pay Joy Laskar $181,161 in back salary, $16,739 in matching contributions to his retirement account, and $6,887 in prejudgment interest; his attorneys will receive $53,451 in fees and expenses.
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