$3.4B Tribal Land Settlement Faces Challenge In DC Circ.

Law360, Washington (February 16, 2012, 2:27 PM EST) -- A $3.4 billion settlement of a long-running class action brought by Native American landowners who alleged the U.S. mismanaged resources on tribal lands cannot stand because it is unfair to class members who may have substantially larger claims than the payout they will receive, the D.C. Circuit heard Thursday.

Plaintiff Elouise Cobell filed the class action in 1996, alleging the U.S. Department of the Interior grossly mismanaged a trust account Congress established in 1887 to hold the proceeds from government-arranged leases of Indian lands. The federal...
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