Details of Trump U settlement
Trump has to hand over the money two days before he’s sworn in.
Lawyers filed details Monday evening of the $25 million settlement President-elect Donald Trump agreed to last month in an effort to resolve three pending lawsuits over his Trump University real estate seminar program.
The 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.
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4 responses to Details of Trump U settlement
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montanabuddha December 20th, 2016 at 08:33
Interesting stuff buried in the last paragraph….
“The provision limiting so-called “opt outs” reduces the chance that Trump could face continued litigation over Trump University, but it doesn’t eliminate that prospect altogether. 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.”
And I’d say they have some leverage and incentive…..
mea_mark December 20th, 2016 at 08:56
… 13 ambassadorships suddenly get filled in small countries …
oldfart December 20th, 2016 at 10:54
Or, in other words, he lost.
robert December 20th, 2016 at 11:00
Get the popcorn our prez will be a few bucks short before he takes office.
A trump U T-shirt or jacket in the front row at the inauguration would be awesome !