Updated

A Philadelphia professor is the subject of an investigation following allegations he hired strippers to take part in a symposium where he and students received lap dances, MyFoxPhilly.com reports.

Three strippers allegedly performed lap dances during a business symposium at LaSalle University's Plymouth Meeting satellite campus in March. Attendees reportedly had to pay $150 for the business class conducted by Jack Rappaport, an assistant professor of management.

The university confirmed in a statement Monday that it is investigating the incident, the station reports.

"La Salle University is very concerned about reports regarding an incident that occurred on March 21. Upon learning of the incident, the university immediately launched a full-scale investigation into what took place and who was responsible," the school said. "Until the investigation has been completed, it would be unfair to those involved to disclose any further information, let alone suspicions or allegations. While the university is proceeding as quickly as possible, we recognize the importance of guarding against a rush to judgment in this situation."

The university has not confirmed reports that Rappaport also serves on a university committee on academic integrity.

Click for more on the story about the professor and alleged lap dances from MyFoxPhilly.

Teacher Used Lap Dancers In Classroom: MyFoxPHILLY.com