Cobell Lawsuit & Settlement

Deadline for second round of Cobell settlement is almost here





The deadline for the second round of payments from the $3.4 billion Cobell trust fund settlement is almost here.

Indian beneficiaries who received a $1,000 payment from the historical accounting class are already included in the trust administration class. But others who believe they are entitled to a share in the second round must file a claim by March 1.

Most beneficiaries will receive $800 but others will receive more, based on the level of activity in their Individual Indian Money (IIM) account. Payments from the second round are expected later this fall.

The National Congress of American Indians urges beneficiaries to contact the Garden City Group, which is administering the settlement, with any address updates.

Get the Story:
Cobell Deadline March 1 for Trust Administration Class Payments (Indian Country Today 2/27)

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Deadline approaching for second round of Cobell settlement (2/25)