In a verdict that has far-reaching consequences for global banking, a federal jury in New York has found Arab Bank liable for funding terrorism in Israel between 2000 and 2004.
300 American victims and their families sued the Jordan-based bank, saying they violated the Anti-Terrorism Act by knowingly funding Hamas during the second Intifada. The plaintiffs convinced a jury that the bank gave material support in 24 attacks where Americans were hurt or killed.
This is the first time the Anti-Terrorism Act has been used civilly against a bank.
Companies set up tables to display their products to potential investors and employees at Launchpad LI's Tech Day in Huntington. Launchpad LI is an incubator, business accelerator, and coworking community space on Long Island.
More than a dozen Long Island businesses have signed a pledge to hire more veterans. The New York Mets, the utility company National Grid and the medical supply company Henry Schein are some of those business.