Former Trump University students who claimed a share of the $25 million settlement that Donald Trump agreed to shortly after he was elected president will recover 80 percent of the money they spent on the real-estate seminars, according to a Bloomberg Law article.
Plaintiffs claimed the university made false promises of riches and instant success. Trump fought the allegations for years but finally agreed to the deal.
“A total of 2,471 claims seeking $21.3 million in refunds had already been verified, according to the filing. With hundreds of claims still being reviewed, the lawyers expect that refund requests will rise to $25 million,” writes Bloomberg’s Edvard Pettersson.