It’s been a while since we’ve updated this settlement and there are some big updates to give including the Settlement Administrator’s statement that the Trust Administration Class payments are expected to be mailed in 2014…
On July 16, 2013, the Special Master authorized additional procedures for payment of Settlement Funds to deceased Class Members’ heirs. His orders authorized the Settlement Administrator to utilize federal or state laws to deal with situations where there is no probated will that addresses the distribution of settlement funds to heirs, no state or tribal probate order identifying the heirs, and no legally-appointed executor or administrator of an estate entitled to settlement funds.
On August 1, 2013, the Claims Administrator mailed letters detailing its second determination of eligibility to all persons who filed a request for reconsideration.
On September 10, 2013, plaintiffs filed a motion seeking the Court’s approval to pay Class Counsel $11.25 million in post-settlement fees and expenses.
Finally, the Settlement Administrator has issued a warning that individuals claiming to be associated with the Cobell Settlement have contacted one or more class members seeking to obtain bank account information. These individuals are not acting on behalf of the Cobell Settlement as no one associated with the Cobell Settlement will ever request that you provide information regarding your personal bank account.