Lawsuit: The appeals court denied the
motion, meaning that the $40million suit will go ahead. It alleges that
customers were told lies about what the 'university' would teach, and
promises of meetings with Trump
Trump University allegedly cheated customers who were promised real-estate investment secrets
Instead, just sold more classes at up to $35,000 to same customers
Trump's lawyers say statute of limitations had expired ... appeals court threw out their motion to dismiss
One of two multi-million dollar law suits currently aimed at Trump University
Trump's political rivals have made much out of his misfortune, particularly Marco Rubio
Story after cut ....
Instead, just sold more classes at up to $35,000 to same customers
Trump's lawyers say statute of limitations had expired ... appeals court threw out their motion to dismiss
One of two multi-million dollar law suits currently aimed at Trump University
Trump's political rivals have made much out of his misfortune, particularly Marco Rubio
Story after cut ....
A $40million lawsuit accusing Donald Trump's defunct Trump University of ripping off customers can go ahead, an appeals court panel ruled Tuesday.
A
motion to dismiss New York Attorney General Eric T Schneiderman's 2013
lawsuit, which claimed that Trump University - later known as Trump
Entrepreneur Initiative - lied to customers, tricking them out of a
total of $40million, was dismissed by The New York State Supreme Court’s
Appellate Division.
Trump's
lawyer had made the argument that the statute of limitations had
expired on the claim had passed, but the justices disagreed and gave
Schneiderman the green light to pursue the case.
Going ahead: New York Attorney General
Eric T Schneiderman (pictured) launched the lawsuit in 2013, but Donald
Trump's lawyers made a motion to dismiss it, saying the statute of
limitations had expired
In a
statement on Tuesday, Schneiderman called the decision a 'clear victory
in our effort to hold Donald Trump and Trump University accountable for
defrauding thousands of students.'
'We
look forward to demonstrating in a court of law that Donald Trump and
his sham for-profit college defrauded more than 5,000 consumers out of
millions of dollars,' he concluded.
The New York Times reported
that one of Trump's lawyers, Jeffrey L Goldman, as saying the ruling
was 'intellectually dishonest,' claiming that the statue of limitations
should have expired three years ago. 'For some unexplained reason the
Appellate Division says, "No, now it should be a six-year statute,"' he
said.
Trump
University was launched in 2005, promising to turn 'anyone into a real
estate investor' and saying that customers would learn 'how to profit
from the $700 billion bailout that has opened the door for unprecedented
investment opportunities,'
Claims were allegedly also made that some students would have the opportunity to meet Trump himself.
However,
claimants in the lawsuit say that the 'University' - it was made to
change its name to Trump Entrepreneur Initiative in 2010 as it did not
hand out university degrees - failed to deliver on those promises.
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