Article 208C5 Donald Trump weaponized fine-print to make it impossible to sue Wall Street for fraud

Donald Trump weaponized fine-print to make it impossible to sue Wall Street for fraud

by
Cory Doctorow
from on (#208C5)

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In 1993, Donald Trump won a lawsuit brought by his investors that alleged he had defrauded them by lying in a prospectus; his defense was that his "perfect prospectus" contained lies, but it also contained enough fine-print cautioning investors about the possibility of lies that it was their own fault that he cheated them. Incredibly, the judge (a pre-Supreme Court Samuel Alito!) bought this. (more")

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