Law & Crime reports:
President Donald Trump, Donald Trump Jr., Ivanka Trump, Eric Trump and the Trump Organization just suffered a major defeat in federal court–losing 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. But those business ventures clearly didn’t pan out.
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.”
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