From the ArcaMax Publishing, News & Features Newsletter:
http://www.arcamax.com/news/newsheadlines/s-374300-379483
MONTREAL (UPI) -- The Lebanese-Canadian Bank in Montreal was sued for
damages Monday by four people injured in Israel by Hezbollah bombings
in 2006.
In a news release, lawyers for the four Israeli-Canadians alleged
that, since 2004, the bank allowed two groups associated with
Hezbollah "to open and maintain accounts and to freely transfer many
millions of dollars of Hezbollah funds and to carry out millions of
dollars in financial transactions."
All four people were injured by attacks in northern Israel during the
summer war.
The groups the lawsuit names are the Yousser Company for Finance and
Investment and the Martyrs Foundation, both of which are on the U.S.
list of terror organizations, the release said.
The suit is the first civil action brought by Canadian victims of
Hezbollah rocket attacks in a Canadian court.
The amount of damages sought wasn't specified.
There was no immediate response from the bank on the announcement.