Judge issues final ruling on Trump University lawsuit settlement

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Final approval was granted by a U.S. judge on Friday for the $25 million settlement in the class-action lawsuit that alleged fraud against President Trump and the real estate seminars offered by Trump University.

U.S. District Judge Gonzalo Curiel in San Diego, who Trump criticized during the 2016 presidential election campaign, ruled in the case. Trump pledged to continue fighting the fraud claims during the campaign but agreed to the settlement soon after he was elected.

When the case was decided last November, New York Attorney General Eric Schneiderman said that Trump agreed to the settlement to end the litigation in order to “focus on the country.”

By agreeing to the settlement, Trump avoided possibly becoming the first sitting U.S. president to testify in open court.

Schneiderman claimed in November that the settlement was “a major victory for the over 6,000 victims of his fraudulent university.” Attorneys involved in the cases say the settlement was applicable to all three lawsuits against Trump University, including two filed in California.

Trump commented on the settlement via Twitter at the time, saying in a tweet that the “ONLY bad thing about winning the presidency” was not being able to fight the “long, but winning” Trump University trial.

H/T: Reuters

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