Mealey's (January 4, 2017, 1:43 PM EST) -- SAN DIEGO — A California federal judge on Dec. 20 granted preliminary approval of a $25 million settlement to be paid by Trump University LLC, owned by President-elect Donald J. Trump, to settle claims that Trump University was a sham and defrauded its students out of millions of dollars (Sonny Low, et al. v. Trump University, LLC, et al., No. 10-940, Art Cohen, et al. v. Donald J. Trump, No. 13-2519, S.D. Calif.; 2016 U.S. Dist. LEXIS 176916)....