Cobell trust settlement expected to put $67M in North Dakota

Cobell Lawsuit & Settlement

Cobell trust settlement expected to put $67M in North Dakota

Posted: Thursday, January 10, 2013

The $3.4 billion Cobell trust fund settlement is expected to bring more than $67 million to Indian beneficiaries in North Dakota.

Attorney David Smith said the historical accounting portion of the settlement will result in $13.169 million for North Dakota beneficiaries. The checks were mailed in mid-December.

The trust administration portion of the settlement will bring another $55.548 million to the state, according to Smith. Those payments aren't expected until later this year.

Get the Story:
Tribal members to receive more than $67 million (The Minot Daily News 1/9)

CFPB: Protecting your share of Cobell settlement from fraud (12/31)
Judge appoints special master to help with Cobell settlement (12/21)

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