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Cushman & Wakefield Faces $10,000-a-Day Fine for Contempt

  • New York seeks documents in investigation of Trump business
  • Cushman says it’s gone to ‘extreme lengths’ to obey order
Updated on

The Trump Organization’s former appraiser Cushman & Wakefield Inc. was found in contempt of court and will be fined $10,000 a day for failing to produce documents subpoenaed in a New York investigation of Donald Trump’s company.

New York Attorney General Letitia James is probing potentially fraudulent asset valuations at the Manhattan-based real estate business. She issued subpoenas on Cushman & Wakefield in September and February.