The Ninth Circuit held that federal sanctions law shields Bank of America from liability for closing an Iranian citizen's account due to administrative errors in the bank's sanctions compliance program.
The Ninth Circuit affirmed summary judgment for Bank of America in a suit brought by an Iranian citizen whose credit card account was closed in 2019, holding that the International Emergency Economic Powers Act shield...
The Ninth Circuit affirmed summary judgment for Bank of America in a suit brought by an Iranian citizen whose credit card account was closed in 2019, holding that the International Emergency Economic Powers Act shields the bank's citizenship-based residency...
The Ninth Circuit held that federal sanctions law shields Bank of America from liability for closing an Iranian citizen's account due to administrative errors in the bank's sanctions compliance program.