Black Farmers, US Settle Loan Bias Claims For $1.3B

Law360, New York (February 18, 2010, 6:29 PM EST) -- The U.S. government said Thursday it will pay $1.25 billion to settle allegations the U.S. Department of Agriculture discriminated against tens of thousands of black farmers by denying them farm loans.

Officials from the USDA and U.S. Department of Justice said the settlement was intended to resolve the claims of thousands of black farmers who said they were left out of a 1999 consent decree in the class action Pigford et al. v. Veneman et al.

The USDA agreed in the consent decree to pay farmers...
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