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U.S. Judge Rejects Arab Bank Bid to Have Terrorism Suit Dismissed
By Selina Román
printFamilies of suicide bombing victims say a U.S. judge's decision allowing a class-action lawsuit against a Middle Eastern bank sends a clear message that financial institutions can be held accountable for terrorist acts committed on foreign soil. New York District Court Judge Nina Gershon this week rejected Jordan-based Arab Bank's effort to have the case dismissed. In a 64-page opinion, Gershon ruled that the families adequately alleged that Arab Bank "knowingly and intentionally provided services to organizations it knew to be terrorist organizations," and that the bank "facilitated money laundering." The lawsuit, Almog et al v. Arab Bank, was filed...
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