DOJ Secured $318 Million 650-Fifth-Avenue Settlement Reached for Victims of Iran-Sponsored Terror Attacks
After 17 years of federal litigation, the U.S. Attorney’s Office for the Southern District of New York announced a $318 million settlement compensating hundreds of victims of Iranian state-sponsored terrorism. The funds come from the sale of 650 Fifth Avenue, a 36-story Manhattan office tower that secretly concealed Iranian government financial interests for decades. The…
