Five international banks asked a judge on June 1 to dismiss a class-action lawsuit accusing them of aiding and abetting terrorist organizations in Afghanistan, receiving an immediate response from plaintiffs seeking to have the banks’ motions denied.
U.S. terrorism victims and their family members sued the banks—Deutsche Bank, Standard Chartered Bank, Danske Bank, Placid Express, and Wall Street Exchange—last August, alleging that they allowed al-Qaeda and the Haqqani Network to secretly move funds and avoid regulatory scrutiny. According to the lawsuit, the terrorist networks used the banks to fund the creation of fertilizer bombs, which were used to attack Americans in Afghanistan….