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struggle4progress

(118,309 posts)
Fri Mar 31, 2017, 06:00 PM Mar 2017

$25 million settlement in Trump University cases

By Rosalind S. Helderman
March 31 at 2:13 PM

A federal judge has given final approval to a $25 million settlement to litigation against Trump University, a now-defunct real estate seminar program once owned by Donald Trump.

Trump had agreed not long after his election to settle two class-action suits filed by former customers of the program in California, as well as a New York state lawsuit. The suits argued that Trump University defrauded customers, some of whom paid more than $30,000 to participate in the seminars, with false advertisements promising that they would learn Trump's personal real estate tricks and that Trump had hand-picked seminar leaders. In depositions, Trump acknowledged he did not choose instructors ...

The settlement had been endangered after one former student, Sherri Simpson, argued that she should be allowed to opt out of the agreement and continue litigation against Trump. Simpson was particularly distressed that the settlement did not require Trump to admit fault and to apologize for bilking customers. Other former customers who had banded together for the class action wanted the settlement to move forward ...

The ruling provides finality for the Trump University matter. Trump had appeared to be working to settle civil matters before taking office, settling a number of suits that had been pending for years. The Trump University matter was settled a few weeks before a trial in one suit had been scheduled to begin. President Trump would likely have been required to testify in the case ...


https://www.washingtonpost.com/news/post-politics/wp/2017/03/31/judge-approves-25-million-settlement-in-trump-university-cases/

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$25 million settlement in Trump University cases (Original Post) struggle4progress Mar 2017 OP
K & R L. Coyote Mar 2017 #1
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