Trump drops $500 million lawsuit against former attorney Michael Cohen

Former President Donald Trump has dropped a $500 million lawsuit he had filed against his former attorney Michael Cohen that alleged Cohen breached his fiduciary responsibility to stay Trump’s confidences.

Trump have been scheduled to take a seat for a deposition within the case, however behind schedule it till subsequent week as a result of, he informed the pass judgement on, he could be attending his civil fraud trial in New York.

Trump introduced he was once disregarding the go well with in a one-page court docket submitting Thursday.

The lawsuit had taken intention at Cohen’s e book, his podcast and different statements he had made that had been essential of Trump and that described the unraveling of a protracted dating.

“Defendant chose to capitalize on his confidential relationship with Plaintiff to pursue financial gain,” the go well with mentioned. “His actions constitute grave violations of his contractual and fiduciary duties to the Plaintiff, and Defendant must be held accountable.”

Cohen, responding to Trump’s shedding the go well with, mentioned in a observation Thursday, “This case was nothing more than a retaliatory intimidation tactic, and his attempt to hide from routine discovery procedures confirms as much.”

Trump filed the go well with final April, per week after the former president pleaded now not accountable to 34 legal counts of falsifying industry data, which concerned reimbursements to Cohen for hush cash paid to porn actress Stormy Daniels within the ultimate weeks of the 2016 marketing campaign.

Cohen had informed ABC’s “Good Morning America” in March that he could be keen to testify must Trump be charged the case.

“The facts are the facts. The truth is the truth and the truth will always rise so I’m not worried about anything that they want to come at me with,” he mentioned.

Cohen served jail time after he pleaded accountable to federal fees that integrated marketing campaign finance violations associated with the hush fee. He was once sentenced to a few years however gained early unlock in November 2021.