Saturday 15 August 2015

Arab Bank settles U.S. litigation over attacks by militants | Reuters

Arab Bank settles U.S. litigation over attacks by militants | Reuters:



"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 Michael Elsner, a lawyer for the plaintiffs, and a spokesman for Arab Bank. The terms were not disclosed.



Elsner said the framework of the deal would be finalized over the next few months."



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