Department of Justice Attorney Adam Jed said people just make grammatical mistakes sometimes, and you have to go by what Congress meant.
In an enforcement order dated June 30, the state’s Division of Banking & Securities says: “Shareholders were not required to vote in favor of the proposed settlement trust to be eligible to receive $100.00 from Goldbelt.”
The decision came Tuesday, July 7, 2020, as Tribal nations appeal a ruling in late June that said the Native corporations were eligible to receive the funding.
A dozen Alaska companies got $5 million to $10 million apiece.
The fine comes as the state’s broad powers over shareholder speech is under review by the Alaska Supreme Court.
Neiman Marcus is selling a so-called “Ravenstail knitted coat” on its website, which the lawsuit alleges copies a notable Alaska Native weaver’s design.
In the race for Sealaska’s board of directors, three of the four seats up for election went to board-endorsed candidates running on a joint platform.
The decision is a blow to tribes leery of any delegation of their self-governance powers. Three Alaska tribes were among the plaintiffs in the case: the Akiak Native Community, Asa’carsarmiut Tribe of Mountain Village and the Aleut Community of St. Paul Island.
The U.S. Army Corps of Engineers has recommended a transportation corridor that cuts through land owned by several Bristol Bay entities that refuse to grant Pebble access to their properties.
The 576-kilowatt project in Kotzebue is the second largest in the state, next to the Willow Solar Farm in the Matanuska-Susitna Borough.