Judge Approves Trump Universitry Class Action
The class action lawsuit brought against President Donald Trump by former students of Trump University constitutes some unfinished business that faced the president from his days as a businessman. The suit alleges that Trump defrauded the students of the university out of thousands of dollars with high-pressure sales tactics and false claims about what could be learned about the real estate business by attending the university. Trump and his associates have denied these allegations and have vowed to fight the legal action in court.
However, a federal judge hearing the case, Gonzalo P. Curiel in San Diego, has approved a settlement that will bring the class action to a close, according to the New York Times. Trump would agree to pay $25 million to settle the fraud claims but will not admit to any wrongdoing. The settlement would constitute a recovery of 90 cents on the dollar, the best possible outcome, according to the plaintiff’s lawyers.
Judge Curiel turned back a challenge to the settlement by one of the plaintiffs, a former Trump University student named Sherri Simpson. Simpson believed that the settlement was inadequate and wanted the right to sue Trump individually. Besides a bigger settlement, she wanted Trump to be criminally charged for racketeering
The settlement is satisfactory to Trump, as it removes a distraction he can ill afford to deal with as he continues to be president of the United States. The lawyers for the plaintiffs’ class believe that the agreement will provide some degree of closure to the aggrieved former students. The settlement is subject to an appeal.
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