BigClassActions.com

US Settles Indian Lawsuit for $3.4 Billion

This is a settlement for the lawsuit.



Washington, DC: The US government has announced that it will pay $3.4 billion to settle allegations that it mismanaged money in American Indian trust funds. The settlement ends a lawsuit that lasted 13 years. The US government was accused of mismanaging revenue that was supposed to be distributed to American Indians-- revenue that was collected off the lease of 56 million acres of Indian trust land.

The settlement will see the government pay $1.4 billion to compensate the Indians for the accounting irregularities. Each member of the class will receive a check for $1,000, with the rest of the money being distributed based on land owned.

The announced settlement does not completely end the lawsuit. Congress must still enact legislation and the federal courts must agree to the settlement before it is finalized.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form on the right.

Add Your Comment on This Issue

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.

*Your Comment:
Request Legal Help