The owners of a now-defunct therapeutic boarding school in northwestern Montana have agreed to pay $925,000 to settle a lawsuit brought by a group of parents.
The Missoulian reports the owners of Monarch School in Heron agreed earlier this year to settle the suit that claimed malpractice, breach of contract and fraud following the school’s abrupt closure in September 2017.
The school charged $30,800 per student per semester, offering an educational environment that included therapy and college preparatory classes.
According to court documents, the school bought luxury cars as company vehicles and held shareholder meetings in places like Hawaii, London and Las Vegas. The school had a growing debt during its last five years.
A law firm in Kalispell representing one of the owners did not return the newspaper’s call.