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bathroommonkey76

(3,827 posts)
Thu Mar 30, 2017, 03:05 AM Mar 2017

Trump University lawsuits face final hurdle to settlement

Source: Associated Press


President Donald Trump faces one last hurdle to ending nearly seven years of lawsuits over his now-defunct Trump University when a judge decides Thursday whether to approve a $25 million settlement with former customers.

When attorneys reached a deal 10 days after Trump's election, U.S. District Judge Gonzalo Curiel said he hoped it would be part of "a healing process that this country very sorely needs." A month later, he granted preliminary approval of the deal.

Last week, attorneys for former customers said their clients will get at least 80 percent of their money back, based on the roughly 3,730 claims submitted. Trump has paid $25 million into escrow to settle two federal class-action lawsuits before Curiel and a civil lawsuit by New York Attorney General Eric Schneiderman. He admitted no wrongdoing.

The lawsuits allege that Trump University gave nationwide seminars that were like infomercials, constantly pressuring people to spend more and, in the end, failing to deliver on its promises.



Read more: http://www.mcclatchydc.com/news/politics-government/national-politics/article141636729.html

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Trump University lawsuits face final hurdle to settlement (Original Post) bathroommonkey76 Mar 2017 OP
In January CNN said people would get "at least half" their money back More_Cowbell Mar 2017 #1

More_Cowbell

(2,191 posts)
1. In January CNN said people would get "at least half" their money back
Thu Mar 30, 2017, 06:39 PM
Mar 2017

I wonder if the higher amount being spoken of now is because some people didn't submit a claim. And if not, why not?

http://money.cnn.com/2017/01/18/news/trump-university-settlement-payment/

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