Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
SAN DIEGO (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.
This story has been corrected to show that the ruling was Tuesday, not Wednesday.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.