WOODBURY COUNTY RECEIVES SETTLEMENT FUNDS

WOODBURY COUNTY IS RECEIVING OVER 16-THOUSAND DOLLARS AS THEIR PART OF A SETTLEMENT OF A CLASS ACTION SUIT.

COUNTY ATTORNEY PATRICK JENNINGS SAYS THE SETTLEMENT STEMS FROM WHEN COUNTY MONEY WAS INVESTED  IN BONDS THROUGH A FINANCIAL BROKERAGE FIRM:



SEVERAL STATE ATTORNEY'S GENERAL SUED U-B-S IN A CLASS ACTION LAWSUIT TO RECOVER THE FUNDS. THE MONEY WILL GO BACK INTO WOODBURY COUNTY'S GENERAL BASIC FUND.