On May 6, 2011, United States District Judge for the Northern District of Illinois Elaine E. Bucklo granted final approval of the proposed settlement reached between the plaintiffs and defendants in this case.  The settlement consists of $27 million in cash plus 474,547 shares of common stock, valued at $13,292,061 as of the market's close on May 6, 2011.  The approval of the settlement effectively resolves all claims asserted in the action, which charged Huron Consulting Group, Inc. and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
Cohen Milstein Sellers & Toll PLLC serves as co-lead counsel in the securities class action lawsuit.  The Public School Teachers’ Pension & Retirement Fund of Chicago and the Arkansas Public Employees Retirement System serve as co-lead plaintiffs.