Cobell Settlement: Who Are the Real Winners?

While the Cobell Settlement, approved on November 24, 2012 by the U.S. Congress, allocated $3.4 billion to the plaintiffs in the landmark Indian case, the disbursement of the money is still in process. Recently the Washington, D.C. Court of Appeals denied the lead plaintiffs’ motion to have the Court reconsider its June 20, 2011 decision, which declined to further diminish the common fund benefitting class plaintiffs by granting the Class Representatives’ request to recover expenses. These expenses were presented as related to recoverable grants that third-party organizations had made to the Blackfeet Reservation Development Fund to finance this lawsuit.

Read more at http://indiancountrytodaymedianetwork.com/2014/04/17/cobell-settlement-who-are-real-winners