{"id":7067421,"date":"2026-09-26T12:17:22","date_gmt":"2026-09-26T12:17:22","guid":{"rendered":"https:\/\/peraltafinancing.com\/alabama\/a-potential-settlement-in-the-long-running-mable-amos-trust-case\/"},"modified":"2026-09-26T12:17:22","modified_gmt":"2026-09-26T12:17:22","slug":"a-potential-settlement-in-the-long-running-mable-amos-trust-case","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7067421","title":{"rendered":"A potential settlement in the long-running Mable Amos Trust case"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A Montgomery County Circuit Court judge on Thursday entered a $1.266 million settlement order in the long-running legal battle over alleged misdealing involving the Mable Amos Trust\u2014a case that has dragged on for four years and put top government officials at odds.<\/p>\n<p>The settlement figure would become a final order in the case if the fiduciaries for the trust\u2014Regions Bank, John Bell, Drew McNees and Thomas Albritton, who also serves as executive director of the state\u2019s Ethics Commission\u2014agree to the terms. That $1.266 million figure would restore funds to the trust and provide payment for litigation fees, according to an order from Judge Greg Griffin.<\/p>\n<p>\u201cThe Court is of the opinion that a restitution to the Trust by the Trust fiduciaries in the amount of $1,266,910 would be a reasonable sum of money to make the Trust whole,\u201d Griffin wrote in his order.<\/p>\n<p>Griffin also made it clear that fees charged by Regions Bank for administering the trust\u2014a key matter in the initial lawsuit\u2014were fair and reasonable. His order allows Regions to continue administering the trust under the newly appointed board.<\/p>\n<p>Griffin also found that the trust\u2019s former board members\u2014Albritton, Bell and McNees\u2014owed money for self-dealing by awarding scholarships to family members and the children of employees at their law firm. Griffin\u2019s order places the total amount for \u201cpersonal inurement and self dealing\u201d at $257,844.<\/p>\n<p>The trust was originally established by Amos, a former Alabama secretary of state, to award relatively meager scholarships to deserving Alabama students. However, after the discovery of oil on trust land, the amount of money available increased significantly, as did the fees for managing it and the scholarship amounts.<\/p>\n<p>Board members for the trust were found to have awarded scholarships to their family members\u2014two of Albritton\u2019s children received scholarships to attend the University of Texas\u2014as well as family members of employees and of a local judge. Albritton and the board members have denied acting unethically, saying that nothing in the bylaws prevented their family members from receiving the scholarships.<\/p>\n<div class=\"code-block code-block-6\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div class=\"zox-post-ad-wrap\"><span class=\"zox-ad-label\">Advertisement. Scroll to continue reading.<\/span><\/div>\n<\/div>\n<p>The matter also drew in Attorney General Steve Marshall, who insisted that his office should enforce the trust\u2019s bylaws. Marshall repeatedly challenged Griffin\u2019s orders in the case and entered his own settlement proposal\u2014a proposal that fell apart once Griffin\u2019s auditor showed that it significantly undercounted the amount of money owed to the trust.<\/p>\n<p>While Marshall\u2019s office went after Albritton and the trust board members, they hit back at Marshall, saying that he had a conflict of interest in the case because of thousands of dollars in campaign donations from Regions Bank.<\/p>\n<p><!-- CONTENT END 1 -->\n\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A Montgomery County Circuit Court judge on Thursday entered a $1.266 million settlement order in the long-running legal battle over alleged misdealing involving the Mable Amos Trust\u2014a case that has dragged on for four years and put top government officials at odds. The settlement figure would become a final order in the case if the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7067422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11763],"tags":[70678,415,227900,228652,228650,228651,12732,23932,1313],"dealstore":[],"offerexpiration":[],"class_list":["post-7067421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alabama","tag-amos","tag-case","tag-longrunning","tag-mable","tag-mable-amos","tag-misdealing","tag-potential","tag-settlement","tag-trust"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A potential settlement in the long-running Mable Amos Trust case - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7067421\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A potential settlement in the long-running Mable Amos Trust case - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A Montgomery County Circuit Court judge on Thursday entered a $1.266 million settlement order in the long-running legal battle over alleged misdealing involving the Mable Amos Trust\u2014a case that has dragged on for four years and put top government officials at odds. 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