SAN DIEGO (AP) — A Florida woman wants to opt out of a settlement with President Donald Trump over fraud allegations at now-defunct Trump University, setting the stage for a possible trial if a federal judge agrees.
Attorneys for Sherri Simpson said in a court filing Monday in San Diego that lawyers for former students in class-action lawsuits promised in 2015 that they could ask to be excluded from any future settlement. A settlement announced less than two weeks after Trump’s election allows class members to object to the terms, but they can no longer drop out, preventing any trial.
Monday is the last day for former students to object to the $25 million settlement, which U.S. District Judge Gonzalo Curiel will consider for final approval at a hearing on March 30.
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This is great news. They should never have settled the suit for $25 million. He defrauded them for $40 million. He should be made to pay the $40 million plus penalties and interest and attorneys fees. That he could profit $15 million from out-and-out fraud is well-beyond a travesty of justice.
Even if this happens, it won’t amount to anything. Trump U would likely offer judgement under Rule 68 - for a sum that she would claim and shift the risk of recoving more to her. If she didn’t win more, she would be liable for Trump’s legal fees.
I’m still trying to figure out why this wasn’t a criminal case? Any other common scammer would end up in jail.