Judge signs off on $25 million settlement in lawsuit against 'fraudulent' Trump University

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Trump University Bebeto Matthews/AP Photo

A federal judge on Monday signed off on a $25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of US President Donald Trump.
A US judge declared the settlement final after a former student agreed to drop further appeals.
New York Attorney General Eric Schneiderman, who had sued Trump over the university, said: "Victims of Donald Trump’s fraudulent university will finally receive the relief they deserve."

NEW YORK (Reuters) - A federal judge on Monday signed off on a $25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of U.S. President Donald Trump, after a former student agreed to drop further appeals.

U.S. District Judge Gonzalo Curiel in San Diego declared the settlement “final” after the former student, Sherri Simpson of Fort Lauderdale, Florida, decided not to challenge a Feb. 6 decision by the 9th U.S. Circuit Court of Appeals upholding the settlement.
See the rest of the story at Business Insider

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