Federal and International, Law and Order

U.S. District Court Finalizes Trump University Settlement


Trump University
(Source: CNN Money)

NEW YORK—(ENEWSPF)—April 10, 2018

By: Rosemary Piser

Yesterday, New York Attorney General Eric Schneiderman announced that U.S. District Court Judge Gonzalo Curiel’s had finalized the order for the $25 million Trump University Settlement.

At the announcement, Attorney General Schneiderman said:

“Judge Curiel’s order finalizing the $25 million Trump University settlement means that victims of Donald Trump’s fraudulent university will finally receive the relief they deserve. We are particularly pleased that the final settlement we negotiated with class counsel ensures that members of the class will receive an even higher settlement than anyone originally anticipated.

This settlement marked a stunning reversal by President Trump, who for years refused to compensate the victims of his sham university.

My office won’t hesitate to hold those who commit fraud accountable, no matter how rich or powerful they may be.”

Background

In 2013, Attorney General Schneiderman sued Donald Trump for deceiving thousands of Americans out of millions of dollars through Trump University. In late 2016, Attorney General Schneiderman and class counsel announced a $25 million settlement in the Trump University case.

Source: www.ag-ny.gov


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