Francisco Industries, Inc. (FRAZ)

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Who May Bring an Action?
U.S. nationals, including individual citizens and corporations, may bring an action, subject to certain limitations with respect to whether or not they have a claim certified by the Foreign Claims Settlement Commission (FCSC). For example, a U.S. national who was eligible to file a claim with the FCSC but did not do so, or whose timely claim was denied by the FCSC, cannot file a claim under Title III. On the other hand, a person who became a U.S. citizen after the period for filing FCSC claims closed, or persons who acquired rights to certified claims from relatives or others, may be able to bring an action under Title III. https://www.hklaw.com/publications/Trump-Administration-Allows-Civil-Actions-Against-Certain-Cuban-Entities-03-06-2019/