Legal News

Judge Finalizes $25M Trump University Settlement
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Trump University

Summary: A California judge finalized the $25 million Trump University settlement. 

After hundreds of students complained about the quality of their education at Trump University, a federal judge is finalizing their multi-million dollar settlement this week, Buzzfeed News reported.

  
What
Where


President Donald Trump owned a real estate education company before his presidency called Trump University, and the classes promised aspiring billionaires that they too could get rich through buying and selling property. However, many students claimed that Trump University, in the end, swindled them out of money and left them with nothing but debt and empty promises.

In 2013, New York Attorney General Eric T. Schneiderman sued Trump University on behalf of former students who said the non-university tricked them into forking over thousands on bogus classes.

On Monday, US District Judge Gonzalo Curiel of San Diego finalized the $25 million settlement, and this settlement will close the book on the years-long legal battle between our country’s president and his former students.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The settlement was reached in 2016, the year real estate tycoon Donald Trump won the presidential election; and Schneiderman said that he was pleased with the $25 million amount.

“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,” Schneiderman said. “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.”



Attorneys for the plaintiffs said they would not take any legal fees out of the settlement, and class action members will receive at minimum 55% of their damages.

Class action lawsuits were filed separately in California and New York, and in the two cases, students said that they were pressured to spend thousands on gimmicky real estate classes that left them in a mountain of debt.

Trump, whose platform is to fight immigration from Mexico, infamously lashed out at Judge Curiel because of this case and questioned his partiality because of the judge’s “Mexican heritage” even though the judge was born in Indiana.

The settlement was supposed to be finalized in 2017, but it was only approved on Monday because it was delayed after a Florida woman filed to separate herself from the class action and sue on her own. Her request was denied earlier this year.

As part of the $25 million settlement, Trump University did not admit to any wrongdoing, according to ABC News.

What do you think of Trump University? Let us know in the comments below.



 

RELEVANT JOBS

Trademark Paralegal

USA-FL-Miami

MAVEN IP is looking for a detail-oriented full-time paralegal assistant with experience and kno...

Apply now

Associate Attorney

USA-NJ-Middletown

Plaintiff\'s Associate Attorney with a minimun 2 or more  years experience in New Jersey Person...

Apply now

Litigation Paralegal

USA-PA-Wexford

Myers Law Group, LLC is in search of a paralegal with at least 1-2 years of experience in the area o...

Apply now

Remote Attorney Placement Professional

USA-TX-Dallas

We are currently seeking a legal recruiter to join our Dallas office. The ideal candidate will be pe...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Environmental And Land Use Associate Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search top ranked law firm seeks Environmental and Land Use A...

Apply Now

Litigation Associate Attorney

USA-UT-Saint George

St. George office of our client seeks Litigation Associate Attorney with 1 year of experience. The c...

Apply Now

Partner-level Associate Attorney

USA-NY-New York City

New York City office of our client seeks Partner-level Associate Attorney with 18 years of litigatio...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top