Cobell Lawsuit & Settlement

Upwards of 30K in Arizona to share in $3.4B Cobell settlement

As many as 30,000 members of tribes in Arizona are expected to benefit from the $3.4 billion settlement to the Cobell trust fund lawsuit.

Most will receive $1,800 from the settlement. But some tribal members with large dollar activities in their trust accounts will receive much more.

Some members of the Salt River Pima-Maricopa Indian Community, for example, will receive $1 million, according to an account for the plaintiffs' attorneys.

Judge Thomas F. Hogan approved the settlement after a fairness hearing last Monday.

Get the Story:
Thousands of Native Americans in Arizona set to benefit from lawsuit settlement (Cronkite News 6/24)

Related Stories:
Ben Carnes: Cobell settlement a knife in Indian people's backs (6/22)
Blog: Crime of the century with Indian trust fund management (6/22)
Judge approves $3.4B settlement in Cobell trust fund lawsuit (6/21)
Schedule for fairness hearing for Cobell trust fund settlement (6/20)
Quapaw Tribe tries to opt out of Cobell trust fund settlement (6/20)
Judge to hold fairness hearing for Cobell trust fund settlement (6/17)
Jerilyn DeCoteau: Cobell settlement just doesn't feel right (6/6)
Fairness hearing in Cobell settlement scheduled for June 20 (5/26)

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