Oracle Corp., the world’s second- biggest software maker, agreed to pay more than $199.5 million to settle allegations it overbilled the U.S. government for nine years.

The accord resolves a lawsuit claiming Oracle induced the General Services Administration to buy $1.08 billion in software from 1998 to 2006 by falsely promising the same discounts offered to Read More>

Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the District of Massachusetts on behalf of purchasers of the common stock of The Princeton Review, Inc. (“Princeton Review” or the “Company”) (NASDAQ:REVU) in or traceable to the Company’s offering of common stock on or about April 15, 2010 (the “Offering”), as well as purchasers of the Company’s common stock between March 12, 2009 and March 11, 2011, inclusive (the “Class Period”).

“Fresh and damning evidence confirms what we have said all along: the GAO not only mishandled its August 2010 report critical of career colleges but the agency knowingly and deliberately bowed to political pressure from Senator Harkin and Senate Health Education Labor and Pensions (HELP) Committee staff members, resulting in an inaccurate and biased report. Today’s news also shows they allowed a deeply flawed process to proceed without...