Nine banks win dismissal of Iran terrorism financing lawsuit: U.S. judge | Reuters:
A U.S. judge has dismissed a lawsuit seeking to hold nine large European banks liable for allegedly providing banking services to Iran that enabled militants to conduct 55 attacks against U.S. armed forces in neighboring Iraq.
In a decision on Thursday, U.S. District Judge Laura Taylor Swain in Manhattan said the banks’ alleged misconduct was too far removed from the attacks, which occurred from 2003 to 2011, to support civil liability under federal anti-terrorism laws.
The U.S. Department of State has designated Iran a state sponsor of terrorism since 1984.
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