In 2010, the U.S. government agreed to pay $680 million to settle claims that Native American farmers and ranchers were victims of discrimination in federal loan programs. Two years later, it was clear the lawyers’ estimates of how many claimants would apply for a share of that money were off. Way off.
By the time the claims process ended, $380 million in settlement money was left over — an unprecedented pool of unspent cash in the history of class actions, lawyers involved in the case said.
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