February 9, 2018 / 2:49 PM / 5 months ago

BRIEF-Arab Bank verdict thrown out, triggering settlement

Feb 9 (Reuters) - 2Nd u.s. Circuit court of appeals ruled in lawsuit accusing arab bank of facilitating attacks linked to hamas by handling financial transactions Appeals court says parties agreed to forgo retrial if verdict were thrown out, and instead a specified sum of money will be paid to plaintiffs u.s. Appeals court throws out verdict against arab bank in case over attacks in israel, citing error in jury instructions — court ruling Appeals court says parties had also entered confidential settlement whose terms depended on the outcome of its decision

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