President-elect settles Trump University lawsuits for $25M - News Summed Up

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President-elect settles Trump University lawsuits for $25M


SAN DIEGO—President-elect Donald Trump agreed Friday to pay $25 million ($34 million Cdn.) The deal would settle a lawsuit Schneiderman filed three years ago and two class-action lawsuits filed in California on behalf of former students. U.S. president-elect Donald Trump settled three lawsuits over Trump University for $25 million. The Trump Organization is a party to numerous lawsuits that threaten to prove a distraction in his administration. “The task is momentous, exceedingly complex, and requires careful co-ordination involving the respective staffs and teams of both President (Barack) Obama and President-elect Trump,” Trump’s attorneys wrote.


Source: thestar November 18, 2016 21:41 UTC



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