Sentences with phrase «university fraud lawsuits»
Not exact matches
On August 2, 2005, CIBC paid US$ 2.4 billion to settle a class action lawsuit brought by a group of pension funds and investment managers, including the University of California, which claims that «systematic fraud by Enron and its officers led to the loss of billions and the collapse of the company.»
https://www.financialcanadian.com/
Even after being elected president, he paid $ 25 million to settle lawsuits accusing him of fraud for hoodwinking students who signed up for his now defunct, for - profit Trump University.
The lawsuit comes in the wake of the Wainstein report, which showed egregious cases of academic fraud at the university on a massive scale.
President - elect Donald Trump may not be headed to court after all over a fraud lawsuit regarding his now - defunct Trump University program.
Schneiderman, in a television interview, called Trump University a «straight - up fraud» and predicted he would prevail in his lawsuit against the defunct for - profit program affiliated with the presidential candidate.
In addition to the class - action lawsuits being considered by Curiel, Trump University faces a separate $ 40 million fraud case in New York, filed by state Attorney General Eric Schneiderman.
State Attorney General Eric Schneiderman hit Trump University with a class - action fraud lawsuit after students complained the school promised to pair them with «handpicked experts» who would share the secrets of Trump's real estate prowess, but never did.
Trump's own for - profit college, Trump University is currently facing lawsuits over claims of fraud and misrepresentation of services.
The presumptive Republican nominee for U.S. president, Donald Trump, has alleged that Judge Gonzalo Curiel, born in Indiana, and whose parents emigrated from Mexico in the 1940s, has an inherent conflict of interest because of his Mexican heritage and should not preside over a fraud lawsuit involving the defunct Trump University.