published on December 22, 2016 - 12:14 AM
Written by The Business Journal Staff

(AP) — A federal judge has given preliminary approval to a settlement between President-elect Donald Trump and former students of Trump University who claimed they were misled by his promises to teach success in real estate.


The ruling Tuesday by U.S. District Judge Gonzalo Curiel triggers procedural steps that will lead to a March 30 hearing for final approval.

Curiel said the agreement for Trump to pay $25 million is “fair, adequate and reasonable,” as required by federal law. Trump admits no wrongdoing in settling two class-action lawsuits in San Diego and a civil lawsuit in New York filed by that state’s attorney general, Eric Schneiderman.

Attorneys for Trump and the former students announced the terms last month and submitted a formal agreement for the judge’s approval Monday.


e-Newsletter Signup

Our weekly poll

Is your company participating in the federal payroll tax deferral program?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY