An American flag flies near the base of the destroyed World Trade Center in New York, September 11, 2001. REUTERS/Peter Morgan
Reuters: Saudi banks, bin Laden companies face $4.2 billion U.S. lawsuit by 9/11 insurers
More than two dozen U.S. insurers affiliated with Travelers Cos (TRV.N) have sued two Saudi banks, companies affiliated with Osama bin Laden's family, and several charities for at least $4.2 billion over the Sept. 11, 2001 attacks.
The lawsuit filed late on Wednesday night in the U.S. District Court in Manhattan is the latest effort to hold entities in Saudi Arabia liable for the attacks.
Nearly 3,000 people died when hijacked airplanes crashed into New York's World Trade Center, the Pentagon near Washington, D.C. and a Pennsylvania field.
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Update: 9/11 Lawsuit Seeks $4.2 Billion From Bin Laden Companies, Saudi Banks (Newsweek).
WNU Editor: I hope the US State Department and the White House do not interfere in this case. And I doubly hope that the plaintiffs take these people to the cleaners.