UNITED STATES

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

~~Securities~~Date ~~Exchange~~of ~~Act~~Report (Date of ~~1934~~earliest event reported): January 24, 2011

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 jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

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 17.01 ~~ENTRY~~REGULATION ~~INTO~~FD ~~A MATERIAL DEFINITIVE AGREEMENT~~DISCLOSURE.

~~Settlement~~Notice ~~Agreement~~of Assertion of Right to Defense Costs and Indemnification Relating To ~~Whitney~~Acciard ~~Canada~~and ~~Class Action~~Altimas Litigation.

On January 20, 2011, Tigrent Inc. (the “Company”) announced that it and its ~~subsidiary~~subsidiaries, ~~Whitney~~Tigrent ~~Canada~~Group Inc. and Tigrent Learning Inc. (collectively, the “Tigrent ~~Entities~~Subsidiaries”), had entered into a Mediation Settlement Agreement ~~which,~~that ~~subject~~settled ~~to final Court approval, will settle~~ all claims ~~brought~~against by the ~~plaintiff~~Company ~~class~~and ~~against~~ the Tigrent ~~Entities~~Subsidiaries arising in the two litigation ~~case~~cases pending in the ~~Superior~~United States District Court for ~~Province~~the ofMiddle ~~Quebec,~~ District of ~~Hull~~Florida ~~(Canada),~~ captioned ~~David~~Glenn ~~Brown~~Acciard, ~~versus~~et ~~Marc~~al. ~~Jemus,~~versus ~~Francois~~Russell ~~Roy~~Whitney, ~~Robert Primeau~~ et al. (originally filed in ~~2006~~March 2007 in the Circuit Court for Lee County, Florida)~~. In~~ ~~connection~~and ~~with~~Thomas ~~the~~L. ~~settlement~~Altimas, ~~the~~et ~~Tigrent~~al. ~~Entities~~versus ~~did~~Russell ~~not~~Whitney, ~~admit~~et ~~any~~al. ~~liability~~(originally filed in September 2009) (collectively, the ~~case~~“Gulfstream Litigation”). ~~Additional~~The ~~details~~Mediation ~~regarding~~Settlement ~~this~~Agreement ~~litigation~~also ~~matter~~settled ~~may~~the beclaims ~~found~~arising in such cases against Russell A. Whitney for which the Company’s ~~periodic~~could ~~reports~~have onhad ~~Form 10-Q~~continuing obligations to advance defense costs and ~~Form~~indemnify Mr. ~~10-K~~Whitney. Other ~~previously~~claims ~~filed~~against ~~under~~Mr. Whitney and the ~~Securities~~other ~~Exchange~~defendants ~~Act~~who ofare ~~1934~~unrelated ~~subsequent~~ to the ~~initiation~~Company, ofincluding ~~this~~Gulfstream ~~case~~Development Group and other companies affiliated with Mr. Whitney, remain unsettled and pending.

~~Pursuant~~On ~~to the terms of the Settlement Agreement~~January 25, ~~the plaintiff class~~2011, ~~including~~Mr. Whitney notified the ~~named~~Company ~~plaintiffs~~that ~~and~~he ~~any~~believes ~~other~~that ~~class member who does not opt out of~~ the ~~settlement~~Company inhas ~~accordance~~a ~~with~~continuing ~~procedures~~obligation ~~applicable~~ to ~~settlements~~advance ofdefense ~~class~~costs ~~action~~and ~~litigation~~provide ~~under~~indemnification ~~the~~to ~~Quebec~~him ~~Code~~with ofrespect ~~Civil Procedure, have agreed~~ to ~~grant a full general release of all~~ claims ~~they~~still ~~had~~pending ~~or could have brought~~ against ~~the~~him ~~Tigrent Entities~~ in the ~~litigation~~Gulfstream ~~in exchange for aggregate payments of C$250~~Litigation,~~000~~ tonotwithstanding ~~be deposited into a trust account controlled by~~ the ~~attorneys~~Mediation ~~for~~Settlement ~~the~~Agreement, ~~plaintiffs~~and ~~from~~that ~~which~~Mr. Whitney ~~the~~may ~~attorneys’~~choose ~~costs will be paid with any balance being available for distribution~~ to ~~members~~assert ofa ~~the~~claim ~~plaintiff~~against ~~class who do not opt out of~~ the ~~settlement. Of~~Company ~~the~~with ~~total~~respect ~~settlement amount, C$50,000 is~~ to besuch ~~paid~~defense ~~into~~costs ~~the trust account within five days of the Settlement Agreement,~~ and ~~the remaining C$200,000 is to be paid into the trust account no later than March 18, 2011~~indemnification. The ~~class~~Company ~~action~~believes ~~litigation~~that ~~against~~Mr. Whitney’s ~~the~~position ~~other~~is ~~defendants~~without ~~in the litigation not affiliated with Tigrent remains pending and unsettled~~merit.

The ~~settlement~~information ~~and~~provided ~~the~~in ~~Settlement~~this ~~Agreement~~item ~~remain~~is ~~subject~~being tofurnished ~~approval~~pursuant byto ~~the~~General ~~Court. In~~Instruction ~~addition~~B.2, ifand ~~more~~shall ~~then~~not ~~seven~~be ~~(7) member~~deemed ofto ~~the~~have ~~plaintiff~~been ~~class~~filed ~~opt~~with ~~out of~~ the ~~settlement,~~Securities ~~the~~and ~~Tigrent~~Exchange ~~Entities~~Commission ~~can~~for ~~terminate~~purposes ~~the~~of ~~Settlement~~Section 18 ~~Agreement~~of inthe ~~their~~Securities ~~discretion~~Exchange ifAct ~~they~~of ~~determine~~1934, ~~that~~as amended (the ~~remaining~~“Exchange ~~financial~~Act”), ~~exposure~~and is ~~financially~~not ~~significant~~ to ~~them. If~~be ~~the~~incorporated ~~Court~~by ~~does~~reference ~~not~~in ~~approve~~any ~~the~~of ~~settlement~~our orfilings under the ~~Tigrent~~Securities ~~Entities~~Act ~~elect~~of to1933, ~~terminate~~as ~~the Settlement Agreement~~amended, ~~then~~or the ~~settlement~~Exchange ~~and~~Act, ~~the~~whether ~~Settlement~~made ~~Agreement~~before ~~will~~or beafter ~~void~~the ~~and~~date ~~the~~of ~~funds~~this ~~deposited~~report ~~into~~and ~~the~~irrespective ~~trust~~of ~~account~~any ~~will~~general beincorporation ~~returned~~language toincluded ~~the~~in ~~Tigrent~~any ~~Entities~~such filing.

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 24, 2011	TIGRENT INC.
January 31, 2011	TIGRENT INC.
	/s/ Steven C. Barre	~~/s/ Steven C. Barre~~
	Steven C. Barre	~~Steven C. Barre~~
	Chief Executive Officer	~~Chief Executive Officer~~

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