2nd Circ. Says HSBC Can't Be Held Liable For Terror Attacks

Law360 (August 8, 2019, 8:03 PM EDT) -- HSBC should not be held accountable for allegedly aiding and abetting a series of deadly terrorist attacks in Jordan in 2005, the Second Circuit ruled Thursday as it affirmed the dismissal of a suit brought by surviving American victims of the attacks.

A panel of three judges said a New York federal court was right to throw out the suit after finding the victims had not shown sufficient evidence that HSBC knowingly aided the attacks. (AP) The plaintiffs had accused HSBC North America Holdings Inc. and HSBC Bank USA NA of providing banking services to Al Rajhi Bank, a Saudi Arabian...

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