UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION~~

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~Date~~Pursuant ofto ~~Report~~Section 13 ~~(Date~~or ~~of earliest event reported~~15(d)~~: January~~ ~~13,~~of ~~2011~~the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 20, 2011

TIGRENT INC.

(Exact name of registrant as specified in charter)

Colorado	0-27403	84-1475486
(State or other	(Commission	(IRS Employer
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
jurisdiction of	File Number)	Identification No.)
incorporation)

1612 East Cape Coral Parkway, Cape Coral Florida

(Address of principal executive offices)

33904

(Zip code)

(239) 542-0643

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

~~Mediation~~ Settlement Agreement Relating To ~~Acciard~~Whitney ~~and~~Canada ~~Altimas~~Class Action Litigation

On January 1320, 2011, ~~Tigrent Inc. (~~the “Company”) and its ~~subsidiaries~~subsidiary ~~Tigrent~~Whitney ~~Group~~Canada Inc. ~~and Tigrent Learning Inc.~~ (collectively, the “Tigrent ~~Subsidiaries~~Entities”) entered into a ~~Mediation~~ Settlement Agreement which, ~~settled~~subject to final Court approval, will settle all claims ~~against~~brought by the ~~Company~~plaintiff ~~and~~class against the Tigrent ~~Subsidiaries~~Entities arising in the ~~two~~ litigation ~~cases~~case pending in the ~~United~~Superior ~~States District~~ Court for ~~the~~Province ~~Middle~~of Quebec, District of ~~Florida~~Hull (Canada), captioned ~~Glenn~~David ~~Acciard,~~Brown etversus ~~al.~~Marc ~~versus~~Jemus, ~~Russell~~Francois ~~Whitney~~Roy, Robert Primeau et al. (originally filed in ~~March 2007 in the Circuit Court for Lee County, Florida~~2006). In ~~and~~connection ~~Thomas~~with L.the ~~Altimas~~settlement, etthe ~~al.~~Tigrent ~~versus~~Entities ~~Russell~~did ~~Whitney,~~not etadmit ~~al.~~any ~~(originally~~liability ~~filed~~ in ~~September 2009)~~the case. Additional details regarding ~~these~~this litigation ~~matters~~matter may be found in the Company’s periodic reports on Form 10-Q and Form 10-K previously filed under the Securities Exchange Act of 1934 subsequent to the initiation of ~~these~~this ~~cases~~case.

~~The~~Pursuant ~~Mediation~~to the terms of the Settlement Agreement, ~~also~~the ~~settled~~plaintiff class, including the ~~claims~~named ~~arising~~plaintiffs and any other class member who does not opt out of the settlement in ~~such~~accordance ~~cases~~with ~~against~~procedures ~~Russell~~applicable A.to ~~Whitney~~settlements ~~for~~of ~~which~~class action litigation under the ~~Company~~Quebec ~~could~~Code of Civil Procedure, have agreed to grant a full general release of all claims they had ~~continuing~~or ~~obligations~~could have brought against the Tigrent Entities in the litigation in exchange for aggregate payments of C$250,000 to ~~advance~~be ~~defense~~deposited into a trust account controlled by the attorneys for the plaintiffs from which the attorneys’ costs ~~and~~will ~~indemnify~~be Mrpaid with any balance being available for distribution to members of the plaintiff class who do not opt out of the settlement. ~~Whitney.~~ ~~Other~~Of ~~claims~~the ~~against~~total ~~Mr. Whitney~~settlement ~~and~~amount, C$50,000 is to be paid into the ~~other~~trust ~~defendants~~account ~~who~~within ~~are~~five ~~unrelated~~days of the Settlement Agreement, and the remaining C$200,000 is to be paid into the ~~Company~~trust account no later than March 18, ~~including~~2011. The ~~Gulfstream~~class ~~Development~~action ~~Group~~litigation ~~and~~against the other ~~companies~~defendants in the litigation not affiliated with ~~Mr. Whitney,~~Tigrent ~~remain~~remains ~~unsettled~~pending and ~~pending~~unsettled.

~~Pursuant~~The tosettlement ~~the~~and ~~terms of~~ the ~~Mediation~~ Settlement Agreement, ~~the~~remain ~~plaintiffs~~subject ~~(approximately~~to 83approval ~~individuals)~~by ~~granted~~the aCourt. In ~~full~~addition, ~~general~~if ~~release~~more ofthen ~~all~~seven ~~claims~~(7) member ~~they~~of ~~had~~the orplaintiff ~~could~~class ~~have~~opt ~~brought~~out ~~against~~of the ~~Company~~settlement, ~~and~~ the Tigrent ~~Subsidiaries~~Entities ~~and~~can aterminate ~~partial~~the ~~general~~Settlement ~~release~~Agreement ofin ~~the~~their ~~specific~~discretion ~~claims~~if they ~~may~~determine ~~have~~that ~~had~~the orremaining ~~could~~financial ~~have~~exposure ~~brought~~is ~~against~~financially ~~Mr. Whitney~~significant to ~~the extent noted above~~them. InIf ~~exchange,~~the ~~and~~Court ~~without~~does ~~admitting~~not ~~any~~approve ~~liability,~~ the ~~Company~~settlement ~~and~~or the Tigrent ~~Subsidiaries~~Entities ~~granted~~elect ~~full~~to ~~general~~terminate ~~releases~~the ofSettlement ~~all~~Agreement, ~~claims~~then ~~they~~the ~~had~~settlement orand ~~could~~the ~~have~~Settlement ~~brought~~Agreement ~~against~~will ~~the~~be ~~plaintiffs~~void and ~~agreed~~the tofunds ~~make~~deposited ~~payments~~into ~~aggregating~~the ~~$525,000~~trust toaccount ~~the~~will ~~plaintiffs~~be inreturned ~~accordance~~to ~~with~~ the ~~following~~Tigrent ~~schedule:~~Entities.

January 31, 2011	$	225,000
April 30, 2011	$	80,000
July 31, 2011	$	80,000
October 21, 2011	$	70,000
January 31, 2012	$	70,000

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

January 20, 2011	TIGRENT INC.
January 24, 2011	TIGRENT INC.
		/s/ Steven C. Barre
		Steven C. Barre
		Chief Executive Officer

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