The lawsuit filed Tuesday names ECOT founder William Lager and his two companies that provided management and curriculum services, IQ Innovations and Altair Learning Management. Their attorney says they look forward to "setting the record straight" and addressing "misapplication" of the law. The lawsuit also names five ECOT officials. It targets Lager's profits from his companies' ECOT contracts. It also goes after money paid under alleged improper contracts, as well as funding received by ECOT that wasn't justified by tallies of student participation. The school closed in January after the state started recouping nearly 80 million dollars in disputed funding.