Wednesday, February 13th 2008, 9:42 pm
Oral Roberts University divvies up some big bucks. ORU's Board of Trustees say half of Mart Green's $70 million gift will be put toward the school's mounting debt. The other half will be spent on campus renovations, financial aid, and marketing.
The move leaves the school $25 million in the red. To address that financial gap, the school is starting a $25 million fundraising campaign.
Meanwhile, the lawyer for two former ORU professors claims a gag order in the case violates the First Amendment. Gary Richardson is representing the professors in a wrongful termination lawsuit against the school.
Richardson says the gag order preventing all parties in the civil lawsuit against ORU and Richard Roberts from talking to the press is unconstitutional.
February 13th, 2008
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