Colorado Practice Areas

Iraq War Veteran and Contractor Lawsuit

Terrorism Law - Troops - Burg SimpsonMost of us only see the end result of terrorism: the hijacking, the kidnapping, or the bombing. We don’t realize everything that occurs in the weeks, months or even years before such a heinous act. A critical aspect of any attack is the funding behind it. Whether it’s wire transfers or letters of credit, terrorists have to use the banking system just like anyone else, which begs the question: When someone is injured or killed in a terrorist attack, what share of the responsibility should a bank that helped pay for it bear?

Terrorism-Law-Medics - Burg SimpsonThat’s the question at the heart of a civil lawsuit filed in late 2014 by a group of wounded Iraqi war veterans and Gold Star families against seven EU banks. The suit requests damages, charging that the banks are responsible for various shootings and roadside bombings because “they processed Iranian money that paid for the attacks.” The lawsuit claims the financial institutions “conspired” with their Iranian counterparts to hide financial transactions from the United States, which had imposed sanctions on the country. The suit charges that the banks channeled more than $100 million to Iranian military operatives in Iraq and helped facilitate the funding of hundreds of terrorist attacks in Iraq from 2003 to 2011. These foreign banks already admitted wrongdoing and agreed to $3.2 billion in payouts to the U.S. government in exchange for delayed prosecution for violating sanctions against Iran and other countries.

Burg Simpson is a part of consortium of several law firms that have banded together for the purpose of seeking justice for victims of terrorism.  The consortium has created a unified web page with additional information and instruction on how to find out if you or a loved one qualify to join the law suit.  Please click here: Iraq War Fund™

In 1990, Congress passed the Anti-Terrorism Act, which made it illegal to intentionally provide support for terrorist activities and organizations. The law also allowed victims of “an act of international terrorism” to file civil suit in a federal court. The legislation sprang up in the aftermath of a pair of PLO terrorist attacks: the Achille Lauro cruise ship hijacking in 1985 and the Pan Am flight 103 bombing over Lockerbie, Scotland, in 1988.

Little was made of this law for years, mostly because for someone to file suit successfully, the accused terrorist organization had to be located in, or have material assets in, the United States. However, the terrorist attacks that shook the nation on Sept. 11, 2001, changed that. Plaintiffs began suing banks who "helped" terrorist groups by doing business with them in an attempt to push past the original parameters of the ATA.

Burg Simpson is one of several law firms that have banded together to take this fight to some of the world’s largest financial institutions. Gavriel Mairone, the founder of MM-Law, is leading the charge. MM-Law, based in Chicago, is a law firm dedicated to advancing human rights by representing victims of terrorism, crimes against humanity, and genocide. Denver-based Burg Simpson has been fighting for victims’ rights for 40 years, taking on major corporations, such as pharmaceutical companies, insurance carriers, and medical device manufacturers.

The lawsuit, filed under the Anti-Terrorism Act in U.S. District Court in New York, names the following banks:

  • Barclays PLC: In August 2010, Barclays surrendered $298 million to the United States because it “knowingly and willfully moved or permitted to be moved hundreds of millions of dollars through the U.S. financial system on behalf of banks from Cuba, Iran, Libya, Sudan, and Burma.”
  • BNP Paribas S.A.: In June 2014, BNP Paribas signed a deferred prosecution agreement in exchange for surrendering $8.9 billion.
  • Commerzbank A.G.: Commerzbank A.G. paid $392 million in fines to defer prosecution.
  • Credit Suisse: In December 2009, Credit Suisse forfeited $536 million – the largest deferred prosecution agreement at the time.
  • HSBC Holding Group PLC: This London bank and its subsidiaries topped Credit Suisse’s record forfeiture when they agreed to a $1.256 billion penalty as part of their deferred prosecution agreement in December 2012.
  • Standard Chartered Bank: The 2012 settlement between this London bank and the U.S. government included $227 million in fines.

If you’re a wounded Iraqi war veteran, or a surviving family member of a soldier lost in the war, you could have a case. Burg Simpson is working with a consortium of seven other law firms in filing claims against these banks. For more information, or to be considered for a claim, visit Iraq War Fund™.

All war injuries aren’t readily visible. Many soldiers return from combat with post-traumatic stress disorder, a mental health problem some develop after experiencing or witnessing life-threatening events, such as the horrors of combat. Actual combat injuries, whether they’re from explosions or gunshots, can also lead to PTSD.

It’s common for veterans to suffer upsetting memories, possess feelings of tension or insomnia after returning from deployment. It can be difficult to return to normal daily activities, such as work, school, or social activities. Most veterans start feeling better after a few weeks or months, but if it lasts longer and symptoms linger, it could be PTSD.

PTSD symptoms can include:
Flashbacks. These include bad memories or nightmares. These flashbacks can make soldiers feel like they’re going through the event again.

Avoidance. PTSD sufferers often try to avoid situations or people that might trigger memories of the traumatic event. They may even avoid talking or thinking about the event.

Increased negativity. Veterans may feel guilt or shame, or, a lack of interest in activities they once enjoyed. They might exhibit numbness, unhappiness and distrust.

Hyperarousal. These symptoms can include increased alertness, jittery feelings, and a constant need to be on the lookout for danger. This can also include a struggle with concentration and/or sleeping.

Contact the Experienced Attorneys At Burg Simpson

Terrorism-Law-Soldier - Burg SimpsonActive and veteran service members, as well as civilian contractors, injured in Iraq during 2003-2011 by Iranian-funded combat or terrorist actions might be eligible for compensation. Additional potential claimants include surviving family members and dependents of those who lost their lives as a result of these actions.

This alliance of law firms is working together to file claims under the ATA against these banks, which unlawfully helped financially facilitate these acts of terrorism during the war. To begin the claimant process – and find out if you qualify – visit Iraq War Fund today.

Save

Burg Simpson Shareholder Mari K. Perczak Set to Speak at Construction Law Event

 April 19, 2018

Burg Simpson Shareholder Mari K. Perczak Set to Speak at Construction Law Event

Burg Simpson Shareholder Mari K. Perczak will be a featured panelist at a one-day Construction Law conference on April 30 at the Embassy Suites Denver. View the Construction Law event brochure here for information and scheduling. The continuing education event, sponsored by CLE International, is targeted at a variety of construction professionals, including attorneys, owners, contractors,… Read more »

Burg Simpson Beats Big Banks Again

 April 17, 2018

Burg Simpson Beats Big Banks Again

National trial firm Burg Simpson, known for its role in holding big banks accountable for their bad acts in the mortgage-backed securities and collateralized debt obligation collapse of 2007-2008 where $7 trillion in worldwide wealth was lost, has prevailed against a big bank yet again. This time it was against UBS, in a FINRA securities… Read more »

Martindale-Hubbell Honors Nick D. Fogel

 April 16, 2018

Martindale-Hubbell Honors Nick D. Fogel

Industry awards are nice, but few mean as much as accolades from your own peers. That’s what shareholder Nick D. Fogel earned as he became the latest Burg Simpson attorney to receive a Martindale-Hubbell AV Preeminent Peer Review Rating, “awarded to only those lawyers with the highest ethical standards and professional ability.” Only about 10… Read more »

Michael S. Burg Blasts Trump Administration Handling of CFPB

 April 12, 2018

Michael S. Burg Blasts Trump Administration Handling of CFPB

The Trump Administration has taken aim at one of the few remaining protections for American consumers: the Consumer Financial Protection Bureau. Burg Simpson founding shareholder Michael S. Burg says consumers should be very concerned. “I think what they’ve done is strip away the original intent,” of the bureau as a watchdog, Michael told “Morning Briefing”… Read more »

Spinal Cord Injury– Denver Injury Attorney Denver Burg Simpson

 April 11, 2018

Surviving the First 90 Days After A Spinal Cord Injury

Every year in the United States, more than 17,000 people suffer spinal cord injuries, based on the latest data from the National Spinal Cord Injury Statistical Center. It’s estimated that there are nearly 300,000 Americans living with a spinal cord injury today. That’s a big reason why Burg Simpson takes these life-altering injuries so seriously…. Read more »

Craig Hospital and Brain Injury– Brain Injury Lawyer Denver – Denver Burg Simpson

 April 4, 2018

Burg Simpson Helps Craig Hospital Treat Brain Injuries

For better or worse, brain injuries have been in the news more frequently in recent years.  In 2009, the tragic death of actress Natasha Richardson brought attention to the perils of an epidural hematoma.  Ms. Richardson fell while taking a skiing lesson, appeared initially unhurt, but later developed a headache and was diagnosed with an… Read more »

Colorado Drivers Are Worse Than Average – Personal Injury Attorney Denver– Colorado Burg Simpson

 March 27, 2018

Colorado Drivers Are Worse Than Average

Observant commuters might have noticed a few different messages on the state’s electronic interstate signs mentioning the most recent amount of traffic deaths for the year. It’s the latest in the Colorado Department of Transportation’s two-year-old strategy to post regular death tallies on the signs as a way of increasing driver awareness. The most recent… Read more »

Stucco Installation Invites Mold- Colorado Construction Defect Law Firm - Burg Simpson

 March 21, 2018

Poor Stucco Installation is an Invitation for Mold

One of the single most critical aspects of any new home is what’s referred to as the building envelope or building enclosure. This is the part of any building that physically separates the exterior environment from the interior.  Think of it as the “skin” of a building. The construction defect attorneys at Burg Simpson recently… Read more »

Ring of Fire: Even Republicans Are Disgusted by The Republican Party

 May 3, 2016

Ring of Fire: Even Republicans Are Disgusted by The Republican Party

A Ring of Fire first! Host Farron Cousins talks to former Senator Alan Simpson in a unique opportunity on Ring of Fire to speak with a Republican about the current state of the Republican Party.

CBS 4: Michael Burg Inducted to Trial Lawyer Hall of Fame

 April 28, 2016

CBS 4: Michael Burg Inducted to Trial Lawyer Hall of Fame

CBS 4 in Denver highlights Burg Simpson attorney Michael S. Burg’s induction into the Trial Lawyer Hall of Fame

Radio 850KOA: Michael Burg Inducted to Trial Lawyer Hall of Fame

 April 28, 2016

Radio 850KOA: Michael Burg Inducted to Trial Lawyer Hall of Fame

Denver’s Radio 850KOA ran a news story about Michael Burg’s induction into the Trial Lawyer Hall of Fame.

Ring of Fire: The Unseen Economic Crisis

 February 29, 2016

Ring of Fire: The Unseen Economic Crisis

Ring of Fire host Farron Cousins talks with Michael Burg about taxes and the government’s resistance to upgrade America’s infrastructure.

Top 100 National Trial Lawyers Legal 500 Best Lawyers in America Super Lawyers US News 2014 Top 25 Most Influential Lawyers