Trump Pays $25,000,000 to Stay Out of Court
The Trump University fraud case settlement submitted to a federal court in San Diego indicates that Trump is personally guaranteeing that the $25 million will be handed over to plaintiffs' lawyers by Jan. 18, 2017, two days before he is scheduled to be sworn in as president.
The deal scuttled the bizarre possibility of Trump facing a civil class-action fraud trial as he waited to assume the nation's highest office.
The three lawsuits alleged that the real estate training program was deceptively marketed, including by asserting that instructors were hand-picked by Trump when he did not actually know them.
A total of 13 people claiming to be class members were excluded from the cases at their request and could still seek to bring separate suits on their own, if their cases can meet hurdles needed to pursue them in court.
Trump University Class Action Settlement