Croft School files for bankruptcy; teachers file class action lawsuit
NBC10 Boston
The Croft School filed for bankruptcy as teachers sue for unpaid wages.Summary
The Croft School has filed for Chapter 7 bankruptcy, a move that will liquidate its assets as the school prepares to shut down. Teachers at the Jamaica Plain campus have filed a class action lawsuit against the school, founder Scott Given, and a board member, claiming they are owed final paychecks and additional wages promised over the summer months. The school owes more than $12 million but has only a fraction of that in assets. Given apologized in a letter, admitting he misled families, teachers, and investors about the school's financial condition for years.
(Source：NBC10 Boston)