Bookstore suit names ASU, says competition restricted.A Jonesboro bookstore has sued Arkansas State University Arkansas State University, at Jonesboro; coeducational; chartered 1909; named State Agricultural and Mechanical College, 1925–33. In 1933 the school became Arkansas State College, and in 1967 it achieved university status and adopted its present name. at Jonesboro in an attempt to get the school to stop working exclusively with the campus bookstore. Wolf Bookstore Inc. said in its lawsuit, filed in Craighead County Circuit Court, that the problem started in the spring semester se·mes·ter n. One of two divisions of 15 to 18 weeks each of an academic year. [German, from Latin (cursus) s of 2007, when ASU ASU Arizona State University (Tempe, AZ) ASU Appalachian State University ASU Arkansas State University ASU Angelo State University ASU Alabama State University ASU Australian Services Union wouldn't release student aid money until several days after classes began. "ASU's alleged reason for this practice is to assure that students have attended classes and that they do not obtain their student aid and then withdraw," the lawsuit said. "As a result, students are excluded from purchasing their books from Wolf Bookstore at a more competitive price." Instead, students who were waiting for financial aid could buy the books on credit at the campus bookstore, Follett Bookstore, the lawsuit said. Follett Bookstore would then submit an invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. to ASU and the school would use the students' financial aid money to pay the bill. "There is no credit risk incurred by Follett because ASU is guaranteeing the loans," the lawsuit said. The lawsuit said that Follett Higher Education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. Group Inc. manages the bookstore and pays ASU rent and a portion of the bookstore's sales. The lawsuit said that ASU owns the bookstore. Wolf said the bookstore's practice violates the state Constitution because a state agency, such as ASU, can't issue credit. "Moreover, by restricting competition, the students are forced to use their financial aid funds to buy books at an artificially high price for which ASU directly profits by receiving a commission," the lawsuit said. Wolf Bookstore said about 85 percent of ASU students receive some sort of financial aid. Wolf has asked ASU to stop the practice, but the campus has refused. In an interview, Wolf Bookstore Manager Brian White Brian White may refer to:
Chris Averitt of Jonesboro, one of the attorneys handling the case for Wolf, said the lawsuit was an attempt to get ASU to stop its lending practice. The bookstore is not seeking damages. ASU declined to comment on the case because of the pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . A court date hasn't been set yet. |
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