A preliminary settlement was approved on Thursday between Stone Academy and the nearly 1,000 students who are left holding ...

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A judge gave preliminary approval Thursday to a settlement that would direct $5 million to former students of Stone Academy, ...

Conn. (WFSB) - Former Stone Academy students are one step closer to getting some money back. The $5,000,000 settlement went before a judge today. The judge gave the settlement a preliminary approval.

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The school abruptly shut down two years ago, leaving nearly 1,000 students in limbo and in debt. The settlement also paves the way for students to finally get their nursing certification.

The Attorney General’s office said the preliminary settlement will be filed in Hartford Superior Court and is subject to court approval.

"We have eight named plaintiffs, and they have been involved with this process at every step," attorney David Slossberg said.