Montgomery County Circuit Judge Greg Griffin approved $336,725 in fees and expenses on Friday for James White, a certified public accountant (CPA) serving as a court-ordered special fiduciary for the Mabel Amos Trust Fund in a lawsuit alleging wrongdoings by Regions Bank and the fund's board members.
The ongoing lawsuit alleges self-dealing among those overseeing a scholarship fund for needy children created by former Alabama Secretary of State Mabel Amos.
The Mabel Amos Trust Fund was estimated to be worth about $8.2 million last year, mostly due to oil and gas wells being on its property in South Alabama. Amos was Alabama Secretary of State from 1967 to 1975 and died in 1999.
Griffin appointed White at the request of plaintiffs in the lawsuit in August 2024 as a temporary special fiduciary to audit and investigate the finances of the Mabel Amos Trust Fund.
Griffin said in an order on Friday the $336,725 in fees and expenses requested by White for his assigned duties by the court were “fair, reasonable, and appropriate under the circumstances.”
The next hearing in the lawsuit is scheduled for August 25.
griffin order by Caleb Taylor on Scribd
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