 World Jewish Congress lawsuit against Swiss banks

The World Jewish Congress lawsuit against Swiss banks was launched to retrieve deposits made into Swiss banks by victims of Nazi persecution during and prior to World War II.Initiated in 1995 as WJC negotiations with both the Government of Switzerland and its banks over burdensome proof-of-ownership requirements for accounts, strong support from United States politicians and leaked documents from a bank guard pressured a settlement in 1998 in a U.S. court for multiple classes of people affected by government and banking practices.