STATEMENT FROM A.G. SCHNEIDERMAN ON APPROVAL OF TRUMP UNIVERSITY CLASS ACTION LAWSUIT BY FEDERAL APPEALS COURT

New York Attorney General Eric T. Schneiderman released the following statement:

“Today’s approval of the Trump University class action settlement by the Ninth Circuit means that victims of Donald Trump’s fraudulent university will soon receive the $25 million in relief they deserve. We are pleased that the final settlement we negotiated with our co-plaintiffs ensures that members of the class will receive an even higher settlement than anyone originally anticipated.

For years, President Trump refused to compensate the victims of his sham university. His reversal in 2016—and the large-scale settlement that resulted—opened the door for student victims to finally obtain the restitution they deserve.

My office will continue to hold those who commit fraud accountable, no matter how rich or powerful they may be.”