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UCLA professor settles suit, will repay research charity $140,000

December 4, 2009 |  7:05 pm

A UCLA School of Medicine professor of cardiothoracic surgery has settled a lawsuit brought by the state attorney general forcing him to repay $140,000 to a research charity he founded and removing him from multiple positions he held within the charity.

In the lawsuit filed in September, state Atty. Gen. Jerry Brown alleged that Dr. Gerald Buckberg and five officers of the nonprofit L.B. Research & Education Foundation used money from the charity to fund their personal business ventures and medical research activities.

Under the agreements of the settlement, Buckberg must return the diverted funds to the charity and will only be allowed to serve as the director – giving up his other positions as manager and chief executive officer.

--Raja Abdulrahim