Settlement Reached In ORU Lawsuit

Wednesday, October 22nd 2008, 9:25 pm
By: News On 6

News On 6

TULSA, OK -- Oral Roberts University settles a lawsuit with two former professors.  The confidential settlement with Tim and Paulita Brooker came late on Wednesday at the end of a court-ordered mediation session.

The Brookers sued ORU last year.  They claimed they were forced out after alleging financial and ethical wrongdoing by the school's former president and family.  

The settlement brings to a close a financial scandal that led to the resignation of Richard Roberts as president.  He stepped down last November amid allegations he and his wife used university money for shopping sprees, home remodels and a stable of horses for their daughters.

ORU was more than $50 million in debt when Richard Roberts resigned.  Richard Roberts and his wife have repeatedly denied any wrongdoing.