A federal judge has approved a $25 million settlement deal between President Trump and students who paid for Trump University real estate seminars, bringing lengthy litigation to a close.
The deal, which calls for Trump to reimburse the students who say they were defrauded, was struck in November but needed approval from U.S. District Judge Gonzalo Curiel. He signed off on the settlement Friday in San Diego.
Trump doesn’t admit any wrongdoing under the terms of the settlement.
The settlement applies to three separate lawsuits — two class-actions and a fraud case. The $25 million deal includes payouts to more than 6,000 Trump U students who paid thousands of dollars for courses they describe as worthless.
One student had pushed against the deal, as The Associated Press reports:
“The only holdup appeared to be a Florida woman’s claim that she should be allowed to opt out of the settlement and sue the president on her own — a move that would likely scuttle the entire agreement.
“Attorneys for former customers said that their clients would get at least 90 percent of their money back under the deal, based on the roughly 3,730 claims submitted. …
“Curiel said the high payments weighed in favor of approval, and he noted that only two of about 7,000 eligible class-action members objected to the terms.”
You may recall that on the campaign trail, Trump accused Curiel of being biased because he is “Mexican.” That claim was false — Curiel was born in Indiana — and even House Speaker Paul Ryan acknowledged that it was “sort of like the textbook definition of racism.”
9(MDAxOTAwOTE4MDEyMTkxMDAzNjczZDljZA004))