Lebanese Bank Exits Shareholder Suit Over Terror Financing

By Hayley Fowler (June 14, 2018, 7:31 PM EDT) -- A Jordanian businessman who invested in the now-defunct Lebanese Canadian Bank can't hold its former top brass accountable for human rights abuses under the Alien Tort Statute, a New York federal judge said Thursday, dismissing the derivative suit he brought on behalf of the bank for an alleged money laundering scheme orchestrated by its leaders....

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