Trump to pay $25 million to settle Trump University fraud case

[ABX]

President-elect Trump is said to be nearing a settlement of two class-action cases against his now-defunct for-profit online college that could result in him paying up to $25 million.....

http://www.washingtonexaminer.com/report-trump-to-pay-25-million-to-settle-trump-university-fraud-case/article/2607762

[SirLinksALot]

SOURCE: NEW YORK DAILY NEWS

URL: http://www.nydailynews.com/news/national/donald-trump-nearing-settlement-trump-university-fraud-case-article-1.2878780?cid=bitly

by Kenneth Lovett


ALBANY — In a complete turnaround from his previous position, President-elect Donald Trump is nearing a settlement of the fraud cases brought in New York and California involving his now defunct for-profit Trump University, the Daily News has learned.

Under the emerging deal being negotiated by Trump's lawyers, New York State Attorney General Eric Schneiderman and the law firm that brought a class action lawsuit regarding Trump University in California, the president-elect will agree to pay between $20 million and $25 million to settle the matter, a source with knowledge of the situation said.

Trump will not admit to any wrongdoing in the final agreement, which could be announced as soon as Friday, the source said.

During the presidential campaign, Trump had threatened to have his executives reopen the school once the cases were done. It's not clear if that was bluster or if the settlement will bar that from happening even if he was serious.

The settlement comes just days before a class action lawsuit in California was set to begin. With the trial date approaching - and Trump getting ready to take office - the judge in the case pushed for aggressive settlement talks among all the parties, the source said.

Before being elected President earlier this month Trump had publicly vowed not to settle the matter.

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[Cripplecreek]

Trump doesn't settle.

HE FIGHTS!!!!

 

[Emjay]

Trump doesn't settle.

HE FIGHTS!!!!

 

Oh, he'll settle... to get this monkey off his back.  I just hope some of the money goes to the suckers who enrolled in Trump University and not all to the lawyers.

[Night Hides Not]

Courtesy of a thread at TOS, for your daily dose of humor:

To: Flavious_Maximus

The judge presiding the case is a Mexican anchor baby.
Both his parents are illegal aliens living in the USA. They should ALL be deported especially the Mexican judge who is not a real American citizen despite being born here.


Please provide proof that his parents are illegal aliens. According to several articles, his parents became citizens long ago.

Under current law, the Judge is a citizen of the US. You're making yourself look ridiculous.


17 posted on ‎11‎/‎18‎/‎2016‎ ‎9‎:‎37‎:‎40‎ ‎AM by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)

[ Post Reply | Private Reply | To 12 | View Replies | Report Abuse]

[Night Hides Not]

Oh, he'll settle... to get this monkey off his back.  I just hope some of the money goes to the suckers who enrolled in Trump University and not all to the lawyers.

 

[guitar4jesus]

"with no admission of guilt" 

[Meshuge Mikey]

"with no admission of guilt" 

sociopaths never admit guilt... its just  not in them!

[Vulcan]

"It would be easy for me to settle the case, it’s a simple civil case. I could settle that case so easy Joe, but I don’t want to settle it. And probably I should but I don’t want to, because I give them a great soundbite, that’s probably why I should. I win that case so easily. But — and I don’t settle cases.  But — and I don’t settle cases. You know what happens? When you start settling lawsuits, everybody sues you. I don’t get sued too often, because I don’t settle cases, I win cases in court.”
~Lifelong Liberal, Pathological Liar and Jackass Extraordinaire, Donny J Trump

video at source

[doghouse]

He took the whole issue away from the left with no further exposure.  There was no judgement against him and no determination of any guilt on his part.  Trump left the socialist propaganda machine sitting out in the rain all alone on this one.

[Frank Cannon]

This is more of a business decision than anything else. Good for him. I'd do the same thing.

[DB]

He took the whole issue away from the left with no further exposure.  There was no judgement against him and no determination of any guilt on his part.  Trump left the socialist propaganda machine sitting out in the rain all alone on this one.

And only for a measly 25 million dollars...

[Weird Tolkienish Figure]

Most will go to the lawyers.

[bolobaby]

sociopaths never admit guilt... its just  not in them!

@Meshuge Mikey

They also don't ask God for forgiveness.