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Trump Ends Trump University Lawsuit With Settlement, No Admission Of Alleged Wrongdoing

Jack Flash
Trump Ends Trump University Lawsuit With Settlement, No Admission Of Alleged Wrongdoing

This was a persecution by globalist Christophobe Dem operative/NY Attorney General Eric Schneiderman. Trump settled just to get it out of the way and focus on making America great again.

Excerpted From The Wall Street Journal:
President-elect Donald Trump is in advanced talks to settle litigation in New York and California involving allegations of fraud at the now-defunct Trump University, according to people familiar with the matter—an agreement that would resolve a major litigation headache before he enters the White House.

Mr. Trump has been battling cases brought in California by consumers who alleged the New York businessman’s for-profit real-estate school falsely promised that its seminars would teach them Mr. Trump’s strategies for success. New York Attorney General Eric T. Schneiderman has brought similar claims in separate litigation.

Mr. Trump has denied the allegations, saying students got their money’s worth from the seminars and that many students gave positive reviews.

Lawyers for all the parties have been working toward a settlement valued somewhere in the range of $20 million to $25 million, according to people familiar with the discussions. A settlement could benefit more than 7,000 consumers who enrolled in Trump University courses, which cost between roughly $1,500 and $35,000.

These people cautioned that an agreement wasn’t final and the situation remained fluid, with some sticking points remaining before a settlement is reached.

Mr. Trump wouldn’t admit any wrongdoing as part of the agreement, one of these people said.

Representatives for Mr. Trump didn’t immediately respond to requests for comment. A spokesman for the New York attorney general said Mr. Schneiderman “has always been open to a settlement that fairly compensates the many victims of Trump University who have been waiting years for a resolution.”

The settlement discussions come as Mr. Trump’s team has been seeking to postpone trial proceedings in one of the California cases, which is scheduled to get under way Nov. 28.

U.S. District Judge Gonzalo Curiel in San Diego is scheduled to hold a hearing on that request Friday afternoon. At a hearing last week, the judge urged the parties to settle the case.

Trial proceedings already had been postponed during the presidential campaign so the case wouldn’t interfere with the election. After he won the White House, Mr. Trump sought another delay, saying he needed to be preparing for his new administration, not the litigation. He also sought permission to testify remotely in the case instead of having to appear in person in front of jurors and Judge Curiel. Keep reading

Excerpted From The NY Daily News: In a complete turnaround from his previous position, President-elect Donald Trump is nearing a settlement of the fraud cases brought in New York and California involving his now defunct for-profit Trump University, the Daily News has learned.

Under the emerging deal being negotiated by Trump’s lawyers, New York State Attorney General Eric Schneiderman and the law firm that brought a class action lawsuit regarding Trump University in California, the president-elect will agree to pay between $20 million and $25 million to settle the matter, a source with knowledge of the situation said.

Trump will not admit to any wrongdoing in the final agreement, which could be announced as soon as Friday, the source said.

During the presidential campaign, Trump had threatened to have his executives reopen the school once the cases were done. It’s not clear if that was bluster or if the settlement will bar that from happening even if he was serious.

The settlement comes just days before a class action lawsuit in California was set to begin. With the trial date approaching – and Trump getting ready to take office – the judge in the case pushed for aggressive settlement talks among all the parties, the source said.

Before being elected President earlier this month Trump had publicly vowed not to settle the matter.

“It’s a complete 180 (degree turn) by Trump,” the source said.

Privately there had been some settlement talks before Election Day, though Trump wasn’t willing to pay anything higher than in the low seven-figure range, the source said.

Schneiderman spokesman Eric Soufer wouldn’t comment on the specifics, but said “as Attorney General Schneiderman has long said, he has always been open to a settlement that fairly compensates the many victims of Trump University who have been waiting years for a resolution.” A lawyer for Trump could not be reached for comment. Keep reading