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Cobell settlement comes too late for beneficiaries who passed
Thursday, November 29, 2012
Filed Under: Cobell
More on: elouise cobell
 
The $3.4 billion settlement to the Cobell trust fund lawsuit was announced in December 2009 but payments were delayed amid opposition in Congress and appeals from a small number of beneficiaries.

In the meantime, an estimated 12,000 beneficiaries passed on without seeing their share of the settlement. That includes lead plaintiff Elouise Cobell, who died in October 2011 after a battle with cancer.

But now that the appeals have been cleared, the settlement will be transferred to a court-approved bank. The first round of payments -- $1,000 to settle historical accounting claims -- is expected before Christmas.

Get the Story:
Too late for some (The Missoula Independent 11/29)

Related Stories:
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Geoffrey Rempel: The truth behind the withdrawn Cobell appeal (11/12)
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Secretary Salazar anticipates Cobell payments by end of year (10/23)
Beneficiaries want Supreme Court to review Cobell settlement (09/24)
Obama nominates Vince Logan, Osage, as new Special Trustee (09/24)
S.E. Ruckman: Indian Country wants to see Cobell payouts (09/18)
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