Tag: Elouise Cobell

$3.4B Class-Action Lawsuit Ends: 350,000 American Indians to Receive Payout

One of the United States’ largest class-action lawsuits came to a close yesterday as American Indians and the federal government finalized a $3.4-billion settlement that would end a 17-year battle over squandered land trust royalties. Approximately 350,000 American Indian beneficiaries will receive a total of $1.5 billion, either $1,000 or…