Cantor Fitzgerald lawsuit against al Qaeda, Saudi Arabia over 9/11 attacks

[Bush_Eats_Beef]

Cantor Fitzgerald, the bond brokerage that suffered more deaths in the Sept. 11 attacks than any other company, on September 3, 2004 sued al Qaeda, Saudi Arabia and dozens of foreign companies seeking damages related to the attacks on the World Trade Center. The suit, filed as the three-year anniversary of the airplane attacks that killed about 3,000 people approaches, is the latest filed in New York federal court against al Qaeda, including one last year by a group of insurance companies. Both towers of the World Trade Center burn after being hit by two airplanes in New York September 11, 2001. Photo by Reuters



http://story.news.yahoo.com/news?p=news&g=events/ts/081202sept11&e=1&tmpl=sl&nosum=0&large=0&t=1094249477

AND FROM THE MIAMI HERALD:

http://www.miami.com/mld/miamiherald/business/9576434.htm

NEW YORK - Cantor Fitzgerald Securities, a bond trading firm that lost two-thirds of its workers in the World Trade Center attack, has sued Saudi Arabia for allegedly supporting al-Qaida prior to the Sept. 11 attack through financing, safe houses, weapons and money laundering.

The company, in a $7 billion lawsuit filed Thursday in U.S. District Court in Manhattan and made public Friday, also named dozens of other defendants, including numerous banks and Islamic charities, in a bid to hold them accountable for its losses in the terrorism attack. A message for comment left with the Saudi Arabia embassy in Washington was not immediately returned.

The lawsuit noted that it carried many of the same defendants, transactions, events and questions of law as an earlier $300 billion lawsuit brought by insurance companies against terrorist groups, companies and countries supporting terrorism. That lawsuit, which also names Saudi Arabia, is still pending.

The Cantor Fitzgerald lawsuit took particular aim at Saudi Arabia, saying the kingdom "knew and intended that these Saudi-based charity and relief organization defendants would provide financial and material support and substantial assistance to al-Qaida."

[stray cat]

1. Does this fall under Bush's Tort Reform restrictions

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