Arab Bank Hamas financing News

Judge Voids Verdict on Arab Bank Liability for Terrorism; Triggers Settlements

A U.S. appeals court has thrown out a 2014 jury verdict finding Arab Bank Plc liable for knowingly supporting militant attacks in Israel linked to Hamas, a decision that triggers a settlement agreement with hundreds of plaintiffs. Friday’s decision by …

Supreme Court Hears Law on Human Rights Suits Against Firms

U.S. Supreme Court justices suggested they may bar victims of overseas atrocities from using a centuries-old law to sue corporations for complicity, as the court weighed a case stemming from Middle Eastern terrorism. Hearing arguments Wednesday in Washington, the court’s …

U.S. Supreme Court to Hear if Arab Bank Is Financially Liable for Terrorist Attacks

The U.S. Supreme Court on Monday agreed to consider reviving litigation seeking to hold Arab Bank Plc financially liable for militant attacks in Israel and the Palestinian territories that accused the Jordan-based bank of being the “paymaster” to militant groups. …

Arab Bank Settles Terrorism Financing Claims by U.S. Citizens

Arab Bank Plc has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a U.S. jury found the bank liable. The settlement was confirmed on Friday by …

U.S. Judge Upholds Liability of Arab Bank for Terrorist Financing

A U.S. judge on Wednesday rejected Arab Bank Plc’s bid to overturn a jury verdict finding it liable for knowingly supporting terrorism efforts related to a series of attacks in the Middle East. The Jordan-based bank had been accused by …

U.S. Jury Finds Arab Bank Liable Under Terrorist Financing Law

A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories. Jurors needed …