Trump, Kids Can't Send Class's Fraud Claims To Arbitration

Law360 (April 8, 2020, 11:18 PM EDT) -- A New York federal judge on Wednesday rejected a bid from President Donald Trump and three of his children to arbitrate a putative class action alleging that they conned thousands into investing in worthless business ventures using the Trump name.

U.S. District Judge Lorna Schofield ruled that the plaintiffs never agreed to arbitrate with the Trumps. And even if they did, she said, the Trumps waited too long to ask for arbitration, thereby waiving any right to it.

In October 2018, the plaintiffs sued the president in his personal capacity, Donald Trump Jr., Eric Trump and Ivanka Trump, alleging that the...

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