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| Trump University lawsuit 'nears $25m payout' | |
| (35 minutes later) | |
| Donald Trump is nearing settlements in several fraud lawsuits relating to Trump University, according to reports. | Donald Trump is nearing settlements in several fraud lawsuits relating to Trump University, according to reports. |
| The US president-elect is being sued by former students who paid $35,000 (£28,000) for real estate "secrets" from his "hand-picked" instructors. | The US president-elect is being sued by former students who paid $35,000 (£28,000) for real estate "secrets" from his "hand-picked" instructors. |
| Mr Trump was criticised as a candidate for saying that the California judge hearing the case could not be impartial because he is of Mexican heritage. | Mr Trump was criticised as a candidate for saying that the California judge hearing the case could not be impartial because he is of Mexican heritage. |
| The businessman faces three fraud lawsuits in California and New York. | The businessman faces three fraud lawsuits in California and New York. |
| A spokesperson for New York Attorney General Eric Schneiderman said the attorney general "has always been open to a settlement that fairly compensates the many victims of Trump University who have been waiting years for a resolution". | A spokesperson for New York Attorney General Eric Schneiderman said the attorney general "has always been open to a settlement that fairly compensates the many victims of Trump University who have been waiting years for a resolution". |
| Mr Schneiderman had sought a $40m (£32m) payout from Mr Trump over the university, which closed in 2010. | |
| He called Trump University a "fraud from beginning to end" this past July, adding that the organisation used "false promises to prey on desperate people". | |
| A source told Reuters news agency on Friday that the settlement, which would finalise all three cases, could cost Mr Trump as much as $25m (£20m). | A source told Reuters news agency on Friday that the settlement, which would finalise all three cases, could cost Mr Trump as much as $25m (£20m). |
| Mr Trump would not admit any wrongdoing in the settlement, the Reuters source added. | Mr Trump would not admit any wrongdoing in the settlement, the Reuters source added. |
| US District Judge Gonzalo Curiel, who is presiding over the two California cases, has urged both sides to settle out of court. | US District Judge Gonzalo Curiel, who is presiding over the two California cases, has urged both sides to settle out of court. |
| Mr Trump repeatedly claimed during his campaign that he would not settle the class-action lawsuits. | Mr Trump repeatedly claimed during his campaign that he would not settle the class-action lawsuits. |
| "I will win the Trump University case. I already am, as far as I'm concerned," Mr Trump said in June. | "I will win the Trump University case. I already am, as far as I'm concerned," Mr Trump said in June. |
| "I could settle that case. I could have settled that case. I just choose not to." | "I could settle that case. I could have settled that case. I just choose not to." |
| His lawyers had requested a delay in the case, but were refused. | His lawyers had requested a delay in the case, but were refused. |