December 16, 2019
The heirs of founders of a bank seized by Fidel Castro's government in 1960 defended their claim to the $792 million they're seeking from Societe Generale SA for working with its state-owned successor, telling a Florida federal court that the French bank owes them a cut of the profits.
October 30, 2019
Societe Generale SA said Tuesday the heirs of founders of a bank seized by Fidel Castro's government in 1960 have no claim to the $792 million they're seeking from it for doing business with the state-owned successor to their ancestors' bank.
July 10, 2019
Heirs of a bank that was seized by Fidel Castro's government in 1960 — and then used as Cuba's national bank — claimed in Florida federal court Wednesday that Société Générale SA ignored U.S. embargoes, profiting by doing business with the bank, and should pay back $792 million in damages.