new york judge finds doncensed school | reuters...11/7/2014 new york judge finds donald trump liable...
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11/7/2014 New York judge finds Donald Trump liable for unlicensed school | Reuters
http://www.reuters.com/article/2014/10/16/us-trump-nyag-lawsuit-idUSKCN0I52MW20141016 1/4
BY KAREN FREIFELDNEW YORK Thu Oct 16, 2014 4:14pm EDT
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New York judge finds Donald Trumpliable for unlicensed school
(Reuters) - Donald Trump is personally liable for operating a for-profit investment school without the required license, a New Yorkjudge ruled in a lawsuit brought by the New York AttorneyGeneral against the real estate entrepreneur.
New York state Supreme Court Justice Cynthia S. Kern said hewas notified by the state in 2005 that his Trump EntrepreneurInitiative - known as Trump University until 2010 - was inviolation of state education law.
"It is undisputed that Mr. Trump never complied with thelicensing requirements," Kern wrote in a decision made public on
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11/7/2014 New York judge finds Donald Trump liable for unlicensed school | Reuters
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Wednesday.
Damages will be determined later.
Jeffrey Goldman, an attorney for Trump, said the ruling was
mistaken, but ultimately little if any damages would be awarded.
The decision came in an ongoing lawsuit filed last year by New
York Attorney General Eric Schneiderman that accuses Trump of
misleading more than 5,000 people who paid between $1,495
and $35,000 to learn Trump's real estate investment techniques.
A trial still must be held to determine
whether Trump and the school defrauded students. The judge did toss out some claims and
ruled that some evidence was beyond the statute of limitations.
Damien LaVera, a spokesman for Schneiderman, called the decision "an important victory"
and said the office looks forward to proving the rest of the case at trial.
Goldman said "the heart of the attorney general's case has been eviscerated."
He said the judge ruled that the statute of limitations restricts claims to only the last six
months the school was in existence.
The university ceased operation in late 2010, Goldman said.
The lawsuit sparked a bitter reaction from Trump, who called Schneiderman a publicity
seeking "lightweight," attacked his "gross incompetence" and filed ethics complaints against
him.
The case is People v. Trump Entrepreneur Initiative, New York state Supreme Court, New
York County, No. 451463/2013.
(Reporting By Karen Freifeld. Editing by Andre Grenon)
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11/7/2014 New York judge finds Donald Trump liable for unlicensed school | Reuters
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Comments (10)
UauS wrote:
Can I see his birth certificate?.. :)
Oct 16, 2014 4:53pm EDT -- Report as abuse
Munchma_Quchi wrote:
Thanks, Obama!
Oct 16, 2014 6:05pm EDT -- Report as abuse
JustaGalhere wrote:
Mr. money-bags not abiding by the rules….I have never…
Oct 16, 2014 7:09pm EDT -- Report as abuse
This discussion is now closed. We welcome comments on our articles for alimited period after their publication.
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11/7/2014 New York judge finds Donald Trump liable for unlicensed school | Reuters
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