00:00 It's Benzinga and here's what's on the block.
00:02 Donald Trump's lawyers said they will not use an advice of counsel defense in his upcoming New
00:07 York trial on charges of falsifying business records related to hush money payments.
00:11 The lawyers signaled Trump would argue he lacked intent to break the law due to his awareness that
00:15 various lawyers were involved in the payments. The advice of counsel defense requires proving
00:20 full disclosure to lawyers, following their advice, and acting in good faith,
00:24 which the lawyers are not pursuing. Prosecutors allege Trump coordinated with lawyer Michael
00:29 Cohen to pay hush money to Stormy Daniels before the 2016 election and later falsified records.
00:34 For all things money, visit Benzinga.com.
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