Trump University lawsuit settled for $25mn

President-elect Donald Trump has reached a settlement agreement with the state of New York in the Trump University lawsuit, New York Attorney General Eric Schneiderman has announced. Plaintiffs will receive restitution from the $25 million payout.

The settlement is a “major victory” for the more than 6,000 victims of Trump’s “fraudulent university,” Schneiderman said in a statement.

As part of the settlement that ends three outstanding lawsuits against Trump, every victim will receive restitution, and the president-elect will pay the state of New York up to $1 million in penalties “for violating state education laws,” Schneiderman said.It wasn’t clear whether Trump admitted any wrongdoing.

Via RT. This piece was reprinted by RINF Alternative News with permission or license.