Pearson Charitable Foundation Settles Charges of Misusing Assets to Benefit Its For-Profit Affiliate

The Pearson Charitable Foundation, a not-for-profit organization that is affiliated with the for-profit education company Pearson, Inc., will pay $7.7 million to settle charges by New York Attorney General Eric Schneiderman that it misused charitable assets in a manner that benefited Pearson, Inc., in...