--Societe Generale SA (SCGLY) is facing a lawsuit in a Florida court, brought by relatives of the owner of a bank seized by the government of Fidel Castro, Reuters reports Wednesday.

--The suit if seeking damages from the French bank, claiming it circumvented U.S. sanctions against Cuba, the report said.

--The suit said Societe Generale did business with Cuba's central bank, which seized the family's bank after the Cuban Revolution, the report said.

--Societe Generale didn't immediately respond for comment, the report said.

 

Full story: https://www.reuters.com/article/us-societe-generale-cuba/societe-generale-sued-for-792-million-by-heirs-of-cuban-bank-seized-by-castro-idUSKCN1U52PD?il=0

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 10, 2019 18:54 ET (22:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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