NBC News reports:
Former President Donald Trump and his adult children have agreed to sit for depositions in a lawsuit filed by investors who allege the family conned them into making bad investments in businesses the Trumps were promoting.
According to a Friday court filing, the former president is scheduled for a June 16 deposition, preceded by his sons Don Jr. and Eric on May 10 and May 12, respectively.
“Defendants have not yet offered a deposition date for Ivanka Trump,” the letter said. The locations and logistics of the depositions were still being discussed.
CNN reports:
The lawsuit, which was filed in 2018, alleges that in exchange for “secret” payments, Trump and three of his adult children used his reality TV show “The Celebrity Apprentice” and other promotional events as vehicles to boost ACN Opportunity, a telecommunications marketing company linked to a nonprofit that used Trump’s brand to appeal to teens.
The Trumps are accused of pocketing millions in payments between 2005 and 2015 to promote what they described as promising business opportunities: ACN Opportunity, as well as the Trump Network, a vitamin and health product marketing company, and The Trump Institute, a seminar program that “purported to sell Trump’s ‘secrets to success,'” according to the lawsuit.
Former President Trump and his two adult sons have agreed to sit for depositions as part of a class-action lawsuit alleging they collaborated with a fraudulent marketing company https://t.co/DuJ9dhL40w
— CNN Breaking News (@cnnbrk) March 25, 2022