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DONALD TRUMP AGREES TO $25 MIL SETTLEMENT IN TRUMP UNIV.
TMZ ^ | 11/18/2016 | TMZ staff

Posted on 11/18/2016 1:06:23 PM PST by AmusedBystander

Donald Trump has just reportedly agreed to settle several lawsuits over his Trump University real estate seminars.

Reuters is reporting Trump settled up just as the judge in the case was supposed to rule on a request by Trump's lawyer to delay the trial until after Trump's inauguration in January.

The judge, Gonzalo Curiel, is the man Trump said was too biased to hear the case because he has Mexican heritage.


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: curiel; gonzalocuriel; lawsuit; trumptransition; trumpu; trumpuniversity
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To: sportutegrl

depends on how it’s worded, the amount settled upon may be the only thing they can say.


21 posted on 11/18/2016 1:56:43 PM PST by TexasFreeper2009 (You can't spell Hillary without using the letters L, I, A, R)
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To: TexasFreeper2009
Obviously, no gag clause involved: "Statement By A.G. Schneiderman On $25 Million Settlement Agreement Reached In Trump University Case NEW YORK – Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case: In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of ​millions of dollars through a scheme known as Trump University. Donald Trump fought us every step of the way, filing baseless charges and fruitless appeal​s​ and refusing to settle for even modest amounts of compensation for the victims of his phony university. Today, that all changes. Today's $25 million settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university. I am pleased that under the terms of this settlement, every victim will receive restitution and that Donald Trump will pay up to $1 million in penalties to the State of New York for violating state education laws. 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." http://www.ag.ny.gov/press-release/statement-ag-schneiderman-25-million-settlement-agreement-reached-trump-university
22 posted on 11/18/2016 2:03:37 PM PST by SirFishalot
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To: AmusedBystander

To his credit, the judge in this made it clear that he really didn’t want it to go to trial, and he put a lot of pressure on the parties to settle it out of court.


23 posted on 11/18/2016 2:07:41 PM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Pinkbell; All

Also, if he testified, his testimony would been nit picked for possible perjury and he could have found himself indicted on bogus charges, just like Scooter Libby. Good move to cut the bad guys off at the pass.


24 posted on 11/18/2016 2:08:11 PM PST by libstripper (oHillary is willing to risk her own life to protect her secretive nature. She would rather go to her)
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To: SirFishalot

So $25 million / 6000 students is $4000 / student. And assuming lawyers take at least half, that’s $2,000/student. Wasn’t the total curriculum something like $31,000?
Trump could easily have spend $25 million on lawers defending against this.


25 posted on 11/18/2016 2:10:26 PM PST by DannyTN
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To: AmusedBystander

That’s $25,000,000 too much because it empowers the scumbags on the other end.

But that is Trump’s way sometimes. Pay them now or pay for litigation.

Note that the scumbag attorneys bringing suit have stated that they represent a class of more than 30,000. In reality, it is only a handful because most people get a postcard size notification in the mail announcing a class action and they toss it in the trash which means they are entered in the class because they must send a letter opting out. Most people are entered by default.

But still more than 30,000 will receive a settlement check. After lawyers and NY AG fines (if included), the class of 30,000+ might receive about $150 each at most because attorneys will claim about 30% of the settlement and the AG’s office may tack on millions in fines.


26 posted on 11/18/2016 2:14:11 PM PST by Hostage (ARTICLE V):)
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To: AmusedBystander

Good get past it so the press can’t use it.


27 posted on 11/18/2016 2:28:16 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Trump-a-licious

Yes, despite all the appointments today, it’ll be THIS leading the news.


28 posted on 11/18/2016 2:39:29 PM PST by GnuThere
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To: Georgia Girl 2

Oh those slims will still use it, but you’re right —it’s good for him to get it out of the way.


29 posted on 11/18/2016 3:03:40 PM PST by Gator113 (~DRAIN THE SWAMP~ ~ LOCK HER UP ~ ~DRAIN THE SWAMP~ ~DRAIN THE SWAMP~ ~DRAIN THE SWAMP~)
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To: AU72

Trump change.


30 posted on 11/18/2016 3:04:40 PM PST by JediJones (Social conservatism is the root of all conservatism.)
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To: Gay State Conservative

Paying your accusers money is not a good way to go about claiming innocence.


31 posted on 11/18/2016 3:05:24 PM PST by JediJones (Social conservatism is the root of all conservatism.)
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To: SirFishalot

$4,166 per person. I hope that they voted for him, because that seemed to increase the likeliness he would pay out.


32 posted on 11/18/2016 3:08:43 PM PST by JediJones (Social conservatism is the root of all conservatism.)
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To: JediJones
Paying your accusers money is not a good way to go about claiming innocence.

Under ordinary circumstances he should have,and very probably *would* have,fought it.But at least for the next 4 years nothing about DJT's life will be "ordinary".

33 posted on 11/18/2016 3:10:01 PM PST by Gay State Conservative (Deplorables' Lives Matter)
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To: Pinkbell

Trump appeared in ads saying he personally selected each instructor, and guaranteed they were highly qualified.

However, when opposing attorneys asked him questions about these instructors on the witness stand, it seems like he didn’t know any of them or recognize their names. Something like this could definitely wreck a guy’s case.


34 posted on 11/18/2016 3:50:14 PM PST by proxy_user
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To: Gator113

Yes we don’t need to hear a drumbeat about this minutiae the whole first 100 days of the Trump presidency.


35 posted on 11/18/2016 3:57:17 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: proxy_user

Didn’t the woman who started this thing drop out? I read that she had made a video praising the university. Did that happen?


36 posted on 11/18/2016 4:23:39 PM PST by Dr. Bogus Pachysandra (Don't touch that thing Don't let anybody touch that thing!I'm a Doctor and I won't touch that thing!)
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To: proxy_user

I’ve heard that, and that would have looked really bad because the media would be covering every detail of it. It would hurt his approval and efforts to gain support with that out there. That said, Trump obviously thought he could win because he refused to settle. The only reason he did is because he got elected. It’s a good thing that he did because it allows him to focus on bigger issues and takes a bone away from the media.


37 posted on 11/18/2016 4:41:47 PM PST by Pinkbell (http://dtforpres.blogspot.com/2016/11/cnn-lies-multiple-times-to-help-hillary.html)
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To: Hostage

“Note that the scumbag attorneys bringing suit have stated that they represent a class of more than 30,000. In reality, it is only a handful because most people get a postcard size notification in the mail announcing a class action and they toss it in the trash which means they are entered in the class because they must send a letter opting out. Most people are entered by default.”

There were something like a a couple dozen actual litigant’s. I wonder if this settles all suits, or just the New York one.


38 posted on 11/18/2016 4:50:43 PM PST by moehoward
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