Herzfeld Credit Income Fund Inc (HERZ)

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New Precedent Being set @100X FaceValue Follow The Money Stupid'
Societe Generale Of France Is Target Of 9th Lawsuit Using Libertad Act

The plaintiffs said they own a claim to 10.5% of the equity in Banco Nacional de Cuba, roughly the percentage that Banco Nuñez represented when it was seized. Lawyers for the plaintiffs at Kozyak Tropin & Throckmorton based the $792 million damages estimate on Banco Nuñez’s $7.8 million worth at the time, plus 6% annual interest and triple damages under the Helms-Burton Act, a 1996 federal law.

https://www.cubatrade.org/blog/2019/7/11/societe-generale-of-france-is-target-of-9th-lawsuit-using-libertad-act

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