Trump Family Loses Huge Court Fight to Force Fraud and Deceptive Practices Lawsuit into Secret Arbit
Trump Family Loses Huge Court Fight to Force Fraud and Deceptive Practices Lawsuit into Secret Arbitration
by Colin Kalmbacher | 2:46 pm, April 9th, 2020
President Donald Trump, Donald Trump Jr., Ivanka Trump, Eric Trump and the Trump Organization just suffered a major defeat in federal courtlosing a battle to have a years-old so-called racketeering enterprising lawsuit against them decided via secret arbitration. Those claims are now all but certain to be litigated publicly.
The class action plaintiffs originally filed suit in October 2018, alleging the Trump family members and their family-owned business promoted and endorsed a multi-level marketing, or pyramid, scheme known as ACN Opportunity, LLC.
. . .
Essentially, the plaintiffs claim, ACN was a classic American get-rich-quick scheme that relied on Trump and his family conn[ing] each of these victims into giving up hundreds or thousands of dollars.
The plaintiffs contend that the Trump family falsely endorsed and promoted ACN by insisting that the enterprise offered a reasonable probability of commercial success.
More:
https://lawandcrime.com/lawsuit/trump-family-loses-huge-court-fight-to-force-racketeering-enterprise-lawsuit-into-secret-arbitration/?utm_source=mostpopular
Blue Owl
(50,349 posts)Bigly.
ChazInAz
(2,564 posts)Multi Level Marketing, the go-to scam to rake in the bucks from the desperate.
Permanut
(5,602 posts)this should be settled by, oh, say, 2045.