Navajo Nation to Sign $554 Million Settlement From U.S.

Navajo Nation to Sign $554 Million Settlement From U.S.

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Navaho-girl-Wolfgang_Staudt-CC

After years of litigation, the Navajo Nation announced today a $554 million settlement from the U.S. government.

CNN reported, “The landmark agreement stems from a 2006 lawsuit in which the largest Native American tribe in the US says the U.S. mismanaged trust fund assets dating back to 1946.”

“It’s monumental. It will never completely redress the wrongs done to prior generations, but it’s going to allow some opportunities for future generations,” said Dana Bobroff, deputy attorney general for the nation.

(READ the story from CNN)

Photo by Wolfgang Staudt, via CC license – Story tip from Michael Stypa

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