With the encouragement from high-ranking officials in the Clinton administration and the German government, a $5.3 billion global settlement has been struck in the class-action lawsuits against German companies accused of using slave labor during the Nazi era.
After months of negotiations, a breakthrough came when the German government agreed to match the $2.6 billion that had been pledged by industry to compensate those forced to work for Hitler’s war machine.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
For questions call 1-877-256-2472 or contact us at [email protected]