NY AG's 'Trump U' Fraud Claims Left Intact By NYC Judge

Law360, New York (January 31, 2014, 6:13 PM EST) -- A New York City judge on Thursday refused to dismiss the state attorney general's allegation that real estate investor and television personality Donald Trump defrauded customers of The Trump Entrepreneur Institute — formerly Trump University LLC — to the tune of $40 million.

However, the decision by Manhattan trial judge Cynthia S. Kern trimmed some of Attorney General Eric T. Schneiderman's allegations brought under state education and consumer protection statutes that have a three-year time bar.

And Trump did score one complete victory as the judge tossed...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.