Settlement by President Trump

A.G. SCHNEIDERMAN STATEMENT ON FINAL TRUMP UNIVERSITY SETTLEMENT

New York Attorney General Eric T. Schneiderman released the following statement upon U.S. District Court Judge Gonzalo Curiel’s order finalizing the $25 million Trump University settlement:

“Judge Curiel’s order finalizing the $25 million Trump University settlement means that victims of Donald Trump’s fraudulent university will finally receive the relief they deserve. We are particularly pleased that the final settlement we negotiated with class counsel ensures that members of the class will receive an even higher settlement than anyone originally anticipated.

This settlement marked a stunning reversal by President Trump, who for years refused to compensate the victims of his sham university.

My office won’t hesitate to hold those who commit fraud accountable, no matter how rich or powerful they may be.”

In 2013, Attorney General Schneiderman sued Donald Trump for swindling thousands of Americans out of millions of dollars through Trump University. In late 2016, Attorney General Schneiderman and class counsel announced a $25 million settlement in the Trump University case.