abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

9 Apr 2015

Author:
Jonathan Stempel, Reuters

US court rejects Arab Bank's appeal of verdict finding it liable for providing financial assistance to Hamas

“Arab Bank loses bid to avoid liability for Hamas attacks - U.S. judge,” 8 Apr 2015

A U.S. judge…rejected Arab Bank['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. [A] U.S. District Judge...said the jury's verdict…"was based on volumes of damning circumstantial evidence that defendant knew its customers were terrorists." The plaintiffs were victims of 24 attacks in and around Israel that they said were carried out by Hamas. They accused Arab Bank of having provided material support to that group, in what lawyers called the first terrorism financing civil case to go to trial in the United States. [The judge] dismissed claims arising from two of the attacks, finding insufficient evidence that Hamas was behind them…A spokeswoman for Arab Bank had no immediate comment…

Timeline