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the suit took a very very bad turn for Trump Thursday. Depositions will be taken, which will be public record. This is a very ugly lawsuit. Punitive damages will be in the millions of dollars.
This may take Donald into Chapter 7!
Donald Trump still battling lawsuits from defunct Trump University
Presidential candidate Donald Trump wants to "Make America Great Again!" Before he can do that, he has to answer to allegations that his now-defunct Trump University was a scam.
Trump is involved in two lawsuits brought by former students and one by the New York Attorney General.
The Donald is expected to be questioned under oath next month in a class action lawsuit brought by Art Cohen, who spent more than $36,000 on the Trump programs. Cohen's suit alleges that Trump University failed to deliver on its promises to provide a premier education.
Related: What we know - and don't know - about Donald Trump's wealth
Trump University, launched in 2005, promised to teach students the mogul's investing techniques to get rich on real estate. But the suit claims the teachers were not professors hand-picked by Trump as advertised, but rather independent contractors paid commissions for sales of the seminars and products.
The suit also alleges that the University would "upsell" students in its initial free seminar to buy a $1,495 "one year apprenticeship" -- which was effectively a three-day seminar. Then if they bought that, the teachers would upsell them again to buy "mentorships" at a cost of $10,000 and up. The most expensive, the Gold Elite program, cost $35,000.
"Even then, after investing nearly $36,500, students still do not receive Defendant Trump's 'secrets' they were promised, but are constantly subjected to upsell of additional Live Events, products and books," the Cohen suit said.
Trump's camp rejects the allegations. "Mr. Cohen's claims are completely baseless," said Alan Garten, the executive vice president and general counsel of The Trump Organization.
Jason Forge, an attorney representing Cohen, said "We'd rather try this case in court."
This may take Donald into Chapter 7!
Donald Trump still battling lawsuits from defunct Trump University
Presidential candidate Donald Trump wants to "Make America Great Again!" Before he can do that, he has to answer to allegations that his now-defunct Trump University was a scam.
Trump is involved in two lawsuits brought by former students and one by the New York Attorney General.
The Donald is expected to be questioned under oath next month in a class action lawsuit brought by Art Cohen, who spent more than $36,000 on the Trump programs. Cohen's suit alleges that Trump University failed to deliver on its promises to provide a premier education.
Related: What we know - and don't know - about Donald Trump's wealth
Trump University, launched in 2005, promised to teach students the mogul's investing techniques to get rich on real estate. But the suit claims the teachers were not professors hand-picked by Trump as advertised, but rather independent contractors paid commissions for sales of the seminars and products.
The suit also alleges that the University would "upsell" students in its initial free seminar to buy a $1,495 "one year apprenticeship" -- which was effectively a three-day seminar. Then if they bought that, the teachers would upsell them again to buy "mentorships" at a cost of $10,000 and up. The most expensive, the Gold Elite program, cost $35,000.
"Even then, after investing nearly $36,500, students still do not receive Defendant Trump's 'secrets' they were promised, but are constantly subjected to upsell of additional Live Events, products and books," the Cohen suit said.
Trump's camp rejects the allegations. "Mr. Cohen's claims are completely baseless," said Alan Garten, the executive vice president and general counsel of The Trump Organization.
Jason Forge, an attorney representing Cohen, said "We'd rather try this case in court."
