Defeating Lawfare. FTC dismisses case against Grand Canyon Education.
In its initial lawsuit against the company, university, and its president, Brian Mueller, the FTC accuses the company of engaging in deceptive advertising, violating telemarketing rules, and falsely marketing itself as a non-profit entity.
In return, Grand Canyon Education (NASDAQ:LOPE) accused the Federal Trade Commission under the Biden Administration as acting under a “broader ideological agenda,” and “attempting to “undermine a thriving Christian university” by tying up the company’s resources with “fishing expeditions requesting voluminous amounts of inflation in hopes of uncovering wrongdoing.”
The FTC dropped its lawsuit against the company in the wake of recent court decisions favoring Grand Canyon, including the Department of Education’s reversal of a $37.7 million Title IV fine related to postsecondary degrees and the U.S. District Court of Arizona’s dismissal of the FTC’s case. Additionally, the Internal Revenue Service confirmed that Grand Canyon University (NASDAQ:LOPE) was properly classified as a 501 (c)(3) non-profit entity.
