Create an Account

Cobell Settlement Agreement

14 septiembre 2021

The class action lawsuit, which involves several hundred thousand plaintiffs, was filed in 1996 by Elouise Cobell in the U.S. District Court for the District of Columbia and has involved hundreds of motions, dozens of judgments and appeals, as well as several lawsuits over the past thirteen years. Transaction funds are managed by the trust department of a bank approved by the District Court and distributed to individual Indians by a debt manager, in accordance with court decisions and the settlement agreement. In addition, the government has set up a scholarship fund called the Cobell Education Scholarship Fund in honour of Senior Prosecutor Elouise Cobell Cobell Cobell Cobell. [14] It contributes quarterly sales money from the buyback program, with a cap of $60 million.

Back to Top