Wednesday, December 09, 2009

Native Americans win $3.4 billion settlement

The U.S. government has agreed to pay $3.4 billion to settle a class-action lawsuit for mismanagement of trust fund accounts held by hundreds of thousands of Native Americans. The settlement ends a 13-year legal battle to resolve a dispute that dates back to the late-1800s.

The agreement ends the case brought by Native American tribes charging that the Interior Department had swindled hundreds of thousands of Indians out of royalties for leasing their lands to mining, timber, and energy interests. The lead plaintiff in the suit filed in 1996 is Elouise Cobell, a member of the Blackfeet Indian tribe in the western state of Montana.


Shirazi said...

How true but how sad!

Anonymous said...

There are still, many Native people that will not see one red cent from this settlement... The settlement is a decision, not a payout or a written check to one single person.