Law | Trust

Fort Peck Tribes reach $75M trust management settlement

Another tribe has reached a trust management settlement with the Obama administration.

The Fort Peck Tribes of Montana agreed to accept $75 million to settle a lawsuit filed in 2002. The tribe sought an accounting of its trust funds and alleged mismanagement of its land and natural resources.

"This council has worked hard on this, and we put our differences aside at a time that was important for our tribe. This is really good for us," Chairman Floyd Azure said at a council meeting on Monday, The Great Falls Tribune reported.

Last week, the Confederated Tribes of the Colville Reservation in Washington announced a $193 million trust management settlement. Last year, the Osage Nation of Oklahoma finalized a $380 million settlement.

Get the Story:
Fort Peck tribes OK $75 million settlement in lawsuit against Interior (The Great Falls Tribune 2/28)

Related Stories:
Colville Tribes reach $193M trust management settlement (2/27)

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