Tuesday, December 8, 2009

Obama administration moves to settle Cobell


WASHINGTON – The Obama administration has taken a definitive step to settle a long-running trust mismanagement class action lawsuit involving hundreds of thousands of Native Americans.

The Department of the Interior announced Dec. 8 that it had negotiated a settlement to the Cobell v. Salazar litigation, which could amount to a $1.4 billion payback to Indian plaintiffs involved in the case.

“We are here today to right a past wrong,” Interior Secretary Ken Salazar said during a briefing on the plan held at Interior headquarters.

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