On August 23, 2013, the U.S. District Court for the Eastern District of New York dismissed claims filed by plaintiffs under the Alien Tort Statute against Arab Bank. The Bank released the following statement in response to the order:
On Friday, August 23, Judge Brian Cogan of the U.S. District Court for the Eastern District of New York ordered the dismissal of claims filed by more than 6,000 plaintiffs under the Alien Tort Statute (ATS). The District Court’s decision thus dismissed more than 90 percent of the claims pending against Arab Bank plc.
“This is the second time in the last 12 months that the Bank has secured the dismissal of terrorism financing claims. In November 2012, Senior Judge Jack B. Weinstein, also of the U.S. District Court for the Eastern District of New York, dismissed a case brought under the Anti Terrorism Act (ATA) by Mati Gill against the Bank in its entirety after finding that the evidence does not support the claim ‘that the Bank acted with an improper state of mind or proximately caused plaintiff’s injury.’”
Arab Bank expressed its confidence in the ultimate outcome of the remaining claims.
Read the Court’s order here.