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News Brief

March 30, 1999
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A U.S. Holocaust survivor filed suit last week against Chase Manhattan Bank and other financial institutions for allegedly plundering Jewish assets during World War II. Lily Mayer brought the suit in a San Francisco court under a California law that allows a single plaintiff to seek restitution on behalf of a wider public. Chase officials recently authorized an internal review of the bank’s wartime activities and vowed to compensate any former customers or their heirs for any possible wrongdoing.

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