settlement agreement: The settlement covers two class-action lawsuits filed in California and a civil suit filed by Schneiderman, according to Deutsche Welle. Under the agreement, Trump will also pay up to 1 million 944,000 euros for breaching New York education laws. Today 25-million-dollar settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university, Attorney General Eric Schneiderman said. I am pleased that under the terms of this settlement, every victim will receive restitution and that Donald Trump will pay up to 1 million in penalties to the State of New York for violating state education laws, Schneiderman said. function link Color 0087eb, width 550, align center ; ; Trump was accused of misleading students by Trump University calling itself a university although it was an unaccredited school and by saying Trump had handpicked the lecturers. The settlement, however, does not require Trump to acknowledge any wrongdoing. The program also falsely promised students success in real estate through programs which cost up to 35,000.
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