How much is the Cobell settlement?

The $3.4 billion Cobell Settlement includes a $1.9 billion Trust Land Consolidation Fund and $1.5 billion in direct payments to class members.

What did the court decide in Cobell v Salazar?

The case was filed in the United States District Court for the District of Columbia. The original complaint asserted no claims for mismanagement of the trust assets, since such claims could only properly be asserted in the United States Court of Federal Claims….

When Congress asked Cobell what amount they settle for what amount did Cobell’s team initially propose?

The proposed settlement, which has to be approved by Congress and the court, would send an initial $1,000 payment to all beneficiaries. A distribution model would be developed to award the remaining $1.4 billion royalty award, Cobell says.

How many American Indians accounts did the Cobell lawsuit ask the federal government to provide accounting for?

The Native American Rights Fund and private co-counsel filed this class action case in federal district court in Washington, D.C. in 1996 to force the federal government to provide an accounting to approximately 300,000 individual Indian money account holders who have their funds held in trust by the federal government …

How do I know if I have an IIM account?

You might have an IIM account because: You inherited the land through probate. You received an interest in trust land through a Gift Deed or purchase. You received a per capita trust payment from a Tribe, a tribal settlement, or a court-ordered judgment award.

What award did Ms Cobell win during the time of the trial?

2005: received a “Cultural Freedom Fellowship” from the Lannan Foundation, an award that cited Cobell’s persistence in bringing to light the government’s “more than a century of government malfeasance and dishonesty” with the Indian Trust.

What was the amount of the final settlement in the Cobell case?

Ultimately, Cobell received $2 million and the attorneys were awarded fees in the amount of $99 million. Order Granting Final Approval to Settlement, Cobell v.

How do I know if I have a IIM account?

If you aren’t sure if you have an IIM account, you can request an IIM ledger report from the Office of the Special Trustee (OST). If you have an account, your IIM ledger report will tell you your balance and any deposits made into the account since it was established.

How much money is in the Indian trust fund?

How much money is in the Indian Trust Fund today? At present, the Indian Trust balance sits at over $634 million. This money is mostly divided into two types of Indian Moneys held in trust: $400 million in Capital Moneys: All money that comes from the sale of surrendered lands or capital assets.

How old was Elouise Cobell when she died?

65 years (1945–2011)
Elouise P. Cobell/Age at death
She was 65 and lived on the Blackfeet reservation near Browning, Mont. The cause was cancer, said Bill McAllister, a spokesman for the plaintiffs in what was one of the largest and most complicated class-action lawsuits ever brought against the United States.

What tribe was cobell?

Blackfoot Nation
Cobell was born on November 5, 1945 on the Blackfeet Reservation in Montana. The middle of nine children, she was the great, great granddaughter of the respected Mountain Chief of the Blackfoot Nation who refused to compromise with the U.S. Government in the nineteenth century.

When is the deadline for the Cobell settlement?

A November 27 deadline is fast approaching to locate an estimated 17,000 Indian beneficiaries who are entitled to a share of the $3.4 billion Cobell trust fund settlement. Almost all of the money from the $3.4 billion Cobell trust fund settlement has been distributed but remaining payments must be claimed by November 27, 2017.

Who is the claims administrator for the Cobell settlement?

Account information that OST provided to Garden City Group (GCG), the claims administrator for the Cobell Settlement, does not have current mailing addresses for WAU accounts. Therefore, GCG is not able to mail Cobell Settlement checks to WAU accounts. GCG returns those funds to OST.

How to contact Garden City group Cobell settlement?

Provide information to the call center of Garden City Group (GCG), the claims administrator for the Cobell Settlement, at their toll-free number, 1-800-961-6109. I have tried to contact both the Garden City Group and then the Trust Beneficiary Call Center and have not been able to get through.

Is the Cobell trust fund still being paid?

The overwhelming majority of the $3.4 billion Cobell trust fund settlement has been distributed but some Indian beneficiaries still haven’t been paid. The Trump administration has put Indian Country on notice of the eventual end of the Land Buy-Back Program for Tribal Nations.