Apollo Group says verdict won’t have affect on business — misses point entirely

img_hdr_logo2.gifApollo Group leadership thumbs their collective nose at the courts, saying that the $277.7 million verdict against them "will not have a material adverse affect on its business or cash flows."

While it's thrilling that the company has enough cash to cover the bond and the finding, investors should note: the company has likely learned very little from the experience.