DC Judge OKs $3.4B Deal In Indian Royalty Fight

Law360, New York (June 21, 2011, 3:24 PM EDT) -- A Washington federal judge on Monday approved a $3.4 billion settlement of a 15-year-old class action brought by Native American landowners that alleged the U.S. mismanaged resources on tribal lands, awarding $99.9 million to the plaintiffs’ lawyers.

U.S. District Judge Thomas F. Hogan approved the settlement from the bench after lawyers for the U.S. and the landowners argued that the U.S. Supreme Court's class action decision Monday morning in favor of Wal-Mart Stores Inc. did not apply to the case, according to Dennis Gingold, a lawyer...
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