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A federal court approved a $25 million settlement with students who said they were duped by Donald Trump and his now-defunct Trump University.
SAN DIEGO (AP) — A judge on Friday approved an agreement for President Donald Trump to pay $25 million to settle lawsuits over his now-defunct Trump University, ending nearly seven years of legal battles with customers who claimed they were misled by failed promises to teach success in real estate.
Trump University, LLC, sought refunds for Makaeff and other former clients of Trump University, as well as punitive damages for breach of contract, fraud, negligent misrepresentation and bad faith. It did not originally name Donald Trump as a defendant, [40] but did so in a later amended complaint. [41]
John Cassidy writes about the recent settlement of the court cases brought against Donald Trump because of Trump University’s fraudulent business model.
The settlement allots $21 million in funds to the students who were defrauded by Trump University and $4 million to resolve the New York attorney general’s case.
A federal judge in the Southern District of California on Monday finalized a $25 million settlement to be paid to attendees of the now-defunct real estate seminar called Trump University.
On Wednesday, Hillary Clinton offered a preview of what is to come, calling Trump a “fraud” who is “trying to scam America the way he scammed all those people at Trump University.”
