Judge Approves $25 Million Trump University Settlement

FILE - In this Monday May 23, 2005 file photo, real estate mogul and TV star Donald Trump, left, listens as Michael Sexton introduces him to announce the establishment of Trump University at a press conference in New... FILE - In this Monday May 23, 2005 file photo, real estate mogul and TV star Donald Trump, left, listens as Michael Sexton introduces him to announce the establishment of Trump University at a press conference in New York. Sexton is president and co-founder of the business education company. (AP Photo/Bebeto Matthews) MORE LESS
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A judge has approved an agreement for President Donald Trump to pay $25 million to settle lawsuits over his now-defunct Trump University.

The decision Friday by U.S. District Judge Gonzalo Curiel in San Diego ends nearly seven years of legal battles with customers who claimed they were misled by failed promises to teach success in real estate.

The ruling settles two class-action lawsuits and a civil lawsuit by New York Attorney General Eric Schneiderman.

Trump had vowed never to settle but said after the election that he didn’t have time for a trial, even though he believed he would have prevailed. Under terms of the settlement, he admits no wrongdoing.

Attorneys for the customers say thousands will get at least 90 percent of their money back.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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