A $5.3 billion global settlement was 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 was pledged by industry to compensate those forced to work for Hitler's war machine.
December 16, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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.
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