Settlement reached in civil lawsuit involving Chinese billionaire, U of M student
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Chinese billionaire Richard Liu has agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in Minneapolis in 2018.
Attorneys for both sides made the announcement in a joint statement late Saturday night, which called the encounter a “misunderstanding.”
A settlement amount wasn’t disclosed. However, as previously reported, the student was seeking more than $50,000 in damages.
RELATED: Chinese tycoon Richard Liu faces civil trial in alleged rape
Liu has denied raping the woman, and prosecutors never filed criminal charges.
Chinese billionaire Richard Liu has agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in Minneapolis in 2018.
The civil trial was expected to begin Monday in Minneapolis.