Verdict News & Analysis
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Market Mood
Supreme Court Rejects Trump's $5M Challenge on Carroll Verdict
The Supreme Court denied Donald Trump's attempt to overturn a $5 million jury verdict that found him liable for sexually assaulting and defaming E. Jean Carroll. This decision leaves Trump with no options to challenge the verdict, which Carroll's attorney confirmed is now final. Carroll was awarded more than $5.6 million last month, including post-judgment interest. Trump is also pursuing a separate appeal regarding a federal civil defamation verdict awarding Carroll $83.3 million, on which the Supreme Court has not yet decided. This matters for investors as ongoing legal battles and liabilities could impact Trump's financial standing and market perception.
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Trump (TRMP) Dispute Over $5.8 Million Liability Payment
E. Jean Carroll is seeking the immediate release of $5.8 million from Donald Trump following a civil jury verdict that found him liable for sexual abuse and defamation. Carroll's legal team argues that Trump has used delay tactics to avoid payment, while Trump seeks to appeal. Judge Lewis Kaplan has indicated that further delays might be inequitable and has asked Trump's lawyers to respond by the following Tuesday. The funds, initially deposited by Trump, have accrued nearly $800,000 in interest, which Carroll is also entitled to receive.
Read More: Trump (TRMP) Dispute Over $5.8 Million Liability Payment