SAN DIEGO — 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 New York state Attorney General Eric Schneiderman would settle a lawsuit he filed three years ago, plus two class-action lawsuits in California filed on behalf of former Trump University students.
The suits allege that Trump University failed to deliver on its promise to teach success in real estate through programs that cost up to $35,000. They say the program misled students by calling itself a university when it wasn’t an accredited school and by saying that Trump “hand-picked” instructors.
Messages left with several of Trump’s attorneys and a spokeswoman were not returned Friday.