Bank Sued Over Attacks

Published: Wednesday, 07/09/2008 12:00 am EDT

According to a lawsuit filed in Montreal, four Canadians living is Israel are suing the Lebanese-Canadian Bank, alleging the financial institution has illegally supported transactions for the extremist group Hezbollah, the Globe and Mail reported. Claiming their homes were destroyed when struck by rockets during the 2006 Israel-Hezbollah war conflict, the plaintiffs are demanding compensation because the bank was "grossly negligent" in allowing Hezbollah to bank there. The suit states the bank's Montreal branch is an "integral part" of the bank and subject to all federal Canadian laws.

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