The Brief

NEW YORK - A New York appeals court threw out President Donald Trump’s civil fraud penalty while upholding a judge’s findings that he exaggerated his wealth for decades.

Appeals court throws out civil fraud penalty against Trump

The panel was sharply divided, issuing 323 pages of concurring and dissenting opinions with no majority. Rather, some judges endorsed parts of their colleagues' findings while denouncing others, enabling the court to rule.

What they're saying:

The five judges said the verdict, which stood to cost Trump more than $515 million and rock his real estate empire, was "excessive."

"While the injunctive relief ordered by the court is well crafted to curb defendants’ business culture, the court’s disgorgement order, which directs that defendants pay nearly

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