Showing posts with label Pigford Farms. Show all posts
Showing posts with label Pigford Farms. Show all posts

Thursday, July 22, 2010

With federal money on the line, the Pigford case on behalf of minority farmers and wannabes became a $1.25 billion jackpot

If you enjoy pain, you can find a Congressional Research Service report on the Pigford class action lawsuit and subsequent settlement here:

http://www.nationalaglawcenter.org/assets/crs/RS20430.pdf

Victim Shirley Sherrod initiated legal action, the Pigford Farms case, that yielded millions for a bankrupt commune she coowned




...the Pigford Farms case is a class-action lawsuit filed against the federal government on behalf of black farmers and black wannabe farmers, who say they were discriminated against in loan proceedings. The federal government settled Pigford Farms for an unbelievable $1.15 billion. An incredibly high percentage of those receiving awards under this settlement have done so fraudulently.

Shirley Sherrod was not only an initiator of the Pigford Farms case, she received a chunk of change for her company, New Communities, Inc. To be accurate, she received the largest chunk of change for New Communities — $13 million. New Communities was a bankrupt commune-type land trust held by Sherrod and her husband. She and her husband personally received $150,000 each to compensate them for “pain and suffering.”