Donald TrumpEric SchneidermanTrump UniversitySettlement

Settles Trump University suit for $25 million

19 Nov, 2016

Trump agrees to settle three cases relating to Trump University for $25 million. The cases were brought by former students who paid $35,000 for real estate “secrets” from his “hand-picked” instructors. Trump will not admit any wrongdoing in the settlement. Schneiderman

Today’s $25 million [£20m] settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university. The victims of Trump University have waited years for today’s result and I am pleased that their patience – and persistence – will be rewarded by this $25 million settlement.

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