Holocaust Survivors Seek Swiss Embargo
- Share via
From Times Staff and Wire Reports
Holocaust survivors and their families who contend that Swiss banks are still hiding wartime assets gathered in New York to call for a worldwide moratorium on doing business with the banks. About 4,000 people have asked to join a class-action lawsuit against the banks, which plaintiffs claim hold $10 billion to $20 billion in Holocaust victims’ assets, including penalties and interest. The embargo also will include lobbying Jewish groups and others not to open new accounts in Switzerland or to close existing accounts.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.