Trump University Related Lawsuits Settled For $25 Million

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Donald J. Trump in 2005, when he announced the establishment of Trump University. Credit Bebeto Matthews/Associated Press
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Donald J. Trump in 2005, when he announced the establishment of Trump University. Credit Bebeto Matthews/Associated Press

Donald J. Trump in 2005, when he announced the establishment of Trump University. (Credit Bebeto Matthews/Associated Press)

Lawyers for Donald Trump say a $25 million settlement resolving lawsuits over Trump University will allow the president-elect to devote his full attention to the challenges facing the nation.

The lawyers said they have no doubt Trump University would have won the cases if they had gone to trial.

The legal agreement announced Friday by New York Attorney General Eric Schneiderman (SHNEYE’-dur-muhn) settles two class-action lawsuits in California and a civil suit filed by Schneiderman.

The suits had alleged that Trump University failed to deliver the quality real estate investing education it promised.

Schneiderman says the $25 million to be paid by Trump or one of his business entities includes restitution for students and $1 million in penalties to the state of New York.

The deal doesn’t require Trump to acknowledge wrongdoing.

Source: AP

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