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$318 Million Settlement Ends Long Legal Battle Over Iran-Linked Attacks

3/25/2026

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Story summary
  • A $318 million settlement will compensate families harmed by Iran-linked attacks, including the 2001 Sbarro bombing in Jerusalem, funded by the sale of a Manhattan skyscraper.
  • It ends nearly two decades of legal battles over concealed Iranian interests in the building.
  • The Alavi Foundation will be dissolved.
  • Its assets will be transferred to the Amir Kabir Foundation under U.S. monitoring.