Class action lawsuits have been filed against fourteen law schools so far, charging the schools with the use of deceptive employment figures. More specifically, the claim is that schools fraudulently lured students to attend, with the prospect of high-paying jobs that were, in fact, never reasonably attainable by graduates of those schools.
Each lawsuit has been filed by multiple graduates as representative plaintiffs. The lawsuits allege that many schools falsely inflated graduate employment rates by, among other artifices, employing their own graduates in temporary jobs and counting graduates working in non-legal-related jobs and part-time and temporary jobs as “employed” even though such jobs either do not require a law degree or do not pay enough to service the massive debt taken on to finance the degree. The representative plaintiffs further allege that many schools reported “average” salaries based on a small sample of high earning graduates. As a result, the representative plaintiffs enrolled and remained enrolled at the school only to find themselves burdened with debt and with limited job prospects.
Law schools have routinely claim that entire graduating classes have median starting salaries of $145-160,000 within nine months of graduation. But ever since the 2008 crash and the massive layoffs during the first months of 2009, BigLaw jobs have become less easily obtainable, to say the least. NALP, for example, provides this useful chart, for the class of 2010:

So when hundreds of people pay exorbitantly high tuition with the expectation of landing six-figure jobs, only to learn they were deceived, the ensuing lawsuits are no surprise. What is somewhat surprising is the targets of these suits. Although nearly all U.S. law schools participated—and continue to participate—in this massive fraud, the organizers of this legal battle have chosen to focus on schools such as Hofstra, California Western, and Florida Coastal. Setting aside any fraud on the part of the schools, these are not schools that anyone with half a brain would attend with any reasonable expectation of landing a BigLaw job. On the other end of the spectrum, schools like Harvard, Yale, and Columbia probably are reporting accurate—and high—figures.
It is the schools closer to the middle, places like University of Illinois, Emory, and UCLA, that I would expect to be sued. These are schools that report that their recent graduating classes have median salaries of $160,000, which is simply not true. Yet these are also schools for which it is not absolutely ridiculous to believe those numbers. Instead, people are now claiming—with straight faces—that they attended TTTs with an expectation of making boat-loads of money upon graduation.
There are several possible explanations, but none of them are particularly interesting. For now, at least the entertainment factor is rather high.