Q:

How do I find out if I am eligible for Indian money?

A:

Quick Answer

Notices were sent out to American Indians affected by the $3.4 billion class action settlement Cobell v. Salazar. Individuals who didn't get a notice and believe they are eligible to receive part of this fund should call the Indian Trust Settlement Hotline at 1-800-961-6109, according to RezNet News.

Continue Reading

Full Answer

Cobell, a Montana banker, sued the federal government over misspent Individual Indian Money accounts and won. The final settlement calls for $1.5 billion to be distributed among those who were part of the lawsuit. CNN notes that another $1.9 billion goes into a land consolidation program, allowing the Department of the Interior to purchase historically tribal land and return it to tribes. In addition, up to $60 million of this money can be used for scholarships.

Learn more about Foreign Laws

Related Questions

  • Q:

    What are some facts about the Cobell Indian Trust settlement?

    A:

    The Cobell Indian Trust settlement refers to the case of Cobell vs. Salazar, a class action suit against the U.S. Department of the Interior and the Treasury Department. Elouise Cobell is a Blackhawk Indian and bookkeeper-turned-banker who set up the first national bank on an Indian reservation. The suit alleges that the government mismanaged and committed fraud in its handling of land held in trust for various Indians and the revenue generated from leasing these lands on the Indians’ behalf.

    Full Answer >
    Filed Under:
  • Q:

    What is the Indian trust fund settlement?

    A:

    The Indian trust fund settlement is a $3.4 billion settlement of American Indian plaintiffs with the federal government in the case of Cobell v. Salazar. It involves an Indian claim of federal mismanagement of tribal lands and Individual Indian Money accounts resulting in extreme poverty for many of the plaintiffs.

    Full Answer >
    Filed Under:
  • Q:

    What are some details about a class action settlement against Verizon?

    A:

    In January of 2015, a class action settlement was reached regarding the Verizon Wireless Family SharePlan. The settlement class includes customers who had a Family SharePlan between May of 2002 and May of 2006.

    Full Answer >
    Filed Under:
  • Q:

    How do you join a class action settlement suit and make a claim?

    A:

    In most class action lawsuits, class members do not join in a class action settlement suit to claim a share, they simply choose not to opt out of the lawsuit to become participants in the suit. However, there are rare occasions where a class action suit requires members to participate in the suit by opting in through the use of a claim form, as noted by Class Action Litigation Information.

    Full Answer >
    Filed Under:

Explore