Court Tosses Guilty Verdict Against Arab Bank For Financing Hamas Terrorism by the Forward

Court Tosses Guilty Verdict Against Arab Bank For Financing Hamas Terrorism

Image by Getty Images

(JTA) — A federal appeals court has thrown out a verdict that found the Jordan-based Arab Bank guilty of helping finance the terrorist activity of Hamas, but the plaintiffs in the case will still receive compensation.

On Friday, the 2nd U.S. Circuit Court of Appeals in New York determined that the federal jury that arrived at the verdict in 2014 had been improperly instructed, Bloomberg News reported.

Three hundred victims of terrorism during the Palestinian intifada, or uprising, in the early 2000s, including Americans, had sued the bank with accusations that it helped Hamas create a “death and dismemberment benefit plan” for terrorists. The suit was first filed in 2004.

It was the first time that a bank had been tried under the Anti-Terrorism Act, which allows victims of attacks by U.S.-designated terrorist organizations to seek damages.

Before the damages phase, the bank and the victims who had filed the lawsuit agreed to a settlement in 2015 that the bank would pay if the verdict was upheld and a smaller amount if it was reversed.

“The plaintiffs will receive meaningful and very substantial compensation for their injuries, and today’s decision doesn’t diminish the fact a jury found Arab Bank liable for knowingly supporting Hamas,” Gary Osen, a lawyer for the terror victims, told Bloomberg.

The United States has identified Hamas as a terrorist organization.


Court Tosses Verdict Against Arab Bank For Terror Funds

Your Comments

The Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. All readers can browse the comments, and all Forward subscribers can add to the conversation. In the interest of maintaining a civil forum, The Forward requires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not and will be deleted. Egregious commenters or repeat offenders will be banned from commenting. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and the Forward reserves the right to remove comments for any reason.

Recommend this article

Court Tosses Guilty Verdict Against Arab Bank For Financing Hamas Terrorism

Thank you!

This article has been sent!