The Latest on litigation over Trump University (all times local):
6:10 p.m.
An attorney for plaintiffs in the settled Trump University fraud lawsuit says all participants in the class-action litigation will get at least half of their money back and some will get it all.
Lawyer Jason Forge told reporters Friday after a federal trial was canceled in San Diego that payments to some plaintiffs will be thousands of dollars.
President-elect Donald Trump agreed to the $25 million settlement to resolve three lawsuits over his former school for real estate investors.
Trump’s attorney Daniel Petrocelli emphasized that the deal includes no acknowledgement of fault or liability.
Petrocelli says Trump is pleased to settle and focus on his work as president.
The suits had alleged that Trump University failed to deliver the quality real estate investing education it promised.
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5:20 p.m.
Lawyers for Donald Trump say a $25 million settlement resolving lawsuits over Trump University will allow the president-elect to devote his full attention to the challenges facing the nation.
The lawyers said they have no doubt Trump University would have won the cases if they had gone to trial.
The legal agreement announced Friday by New York Attorney General Eric Schneiderman (SHNEYE’-dur-muhn) settles two class-action lawsuits in California and a civil suit filed by Schneiderman.
The suits had alleged that Trump University failed to deliver the quality real estate investing education it promised.
Schneiderman says the $25 million to be paid by Trump or one of his business entities includes restitution for students and $1 million in penalties to the state of New York.
The deal doesn’t require Trump to acknowledge wrongdoing.
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4:50 p.m.
A federal judge in San Diego has canceled a civil fraud trial involving the now-defunct Trump University after a settlement was announced.
Judge Gonzalo Curiel confirmed Friday that a deal has been reached in all three cases involving President-elect Donald Trump’s former school for real estate investors.
Curiel says the agreement is subject to his approval.
Curiel says the settlement totals $25 million — $21 for two San Diego cases and $4 million for a New York case. Plaintiffs’ attorney Jason Forge confirmed the deal.
The trial has been set to begin Nov. 28.
The suits had alleged that Trump University failed to deliver the quality real estate investing education it promised.
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4:20 p.m.
New York’s attorney general says President-elect Donald Trump has agreed to a $25 million settlement to resolve three lawsuits over Trump University, his former school for real estate investors.
The deal announced Friday by Attorney General Eric Schneiderman (SHNEYE’-dur-muhn) would settle two class-action lawsuits in California and a civil suit filed by Schneiderman.
The suits had alleged that Trump University failed to deliver the quality real estate investing education it promised.
Schneiderman says the $25 million to be paid by Trump or one of his business entities includes restitution for students and $1 million in penalties to the state.
The deal doesn’t require Trump to acknowledge wrongdoing.
Messages left with Trump’s attorneys weren’t immediately returned. Trump has strongly denied the allegations and said during the campaign that he wouldn’t settle.
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2 a.m.
A federal judge in San Diego will consider arguments on President-elect Donald Trump’s latest request to delay a civil fraud trial involving his now-defunct Trump University until after his inauguration on Jan. 20.
Trump’s attorneys said in a court filing ahead of Friday’s hearing that preparations for the White House were “critical and all-consuming.” Six months ago, when they sought a delay until after Inauguration Day, Trump’s legal team said the period between the election and swearing-in is extremely hectic for a president-elect but that it was preferable to a trial during the campaign.
Trump’s attorneys also raise the prospect of having the president-elect testify by video recording before the trial begins in the class-action lawsuit on Nov. 28.
