Trump Nears a Settlement of About $20 Million in Trump University Fraud Lawsuits
A person familiar with the Trump University lawsuits has said that the future president is nearing a settlement of about $20 million in fraud lawsuits. The possible settlement would end a long battle which dogged President-elect Donald Trump throughout his election campaign.
The lawsuit also led to a very controversial moment when he claimed the judge overseeing two of the cases was biased because he was of Mexican ancestry. The judge, U.S. District Judge Gonzalo Curiel, was born in Indiana to Mexican immigrant parents. Trump said the judge could not be impartial because of Trump’s campaign pledge to build a wall on the US-Mexico border to control illegal immigration. One of the two cases is scheduled to begin on November 28 in U.S. District Court in San Diego. Judge Curiel has urged both sides to settle.
There are three lawsuits against Trump University. Two of them are in California and another is a case brought by New York Attorney General Eric Schneiderman. If a settlement is reached it would cover all of the lawsuits. Schneiderman has said that more than 5000 students across the country were defrauded out of about $40 million.
Eric Soufer, a spokesman for Schneiderman said, “As Attorney General Schneiderman has long said, he has always been open to a settlement that fairly compensates the many victims of Trump University who have been waiting years for a resolution.”