Osen LLC in the News
(CNN) -- Tania Julin remembers the deep gut pain she felt when she found out nearly three years ago that Chiquita Brands International had paid hundreds of thousands of dollars to a Marxist rebel group in Colombia that had abducted and killed her missionary husband.
“We’re obviously gratified that the case will go forward,” Gary Osen, the lawyer for the missionaries’ families, said in an e-mail. “This is a significant victory for the victims’ families, but it’s only a first step towards accountability for Chiquita.”
Chiquita Brands International Inc., owner of the namesake banana label, may be forced to pay more than $780 million, or $18.20 a share, if found complicit in the murders of five American missionaries by Marxist rebels a decade ago in Colombia.
Gary Osen, one of several lawyers for the plaintiffs, said his clients’ lawsuit—along with at least four others accusing Chiquita of complicity in killings carried out by rebel groups—would be brought under the civil provision of the anti-terrorism law.
Gary Osen, a New Jersey lawyer who has sued banks he believes handle money for terrorist groups including al-Qaida, said the Holy Land case was more important in the war on terror than cases that got more attention, such as that of failed shoe bomber Richard Reid.
News this week that the Bush administration is on the verge of adding the Revolutionary Guard Corps of Iran to its ever-expanding list of foreign terrorist organizations—the count stands at 42 undesirables, headlined by Al Qaeda, Hezbollah, and Hamas—was not exactly music to the ears of Gary M. Osen, a lawyer on a personal and professional campaign to sue banks that he believes bankroll terrorist activities.
Meanwhile, at least one lawyer feels the SEC has not gone far enough in its efforts to inform investors whether their retirement savings are indirectly subsidizing terrorism or genocide. "I am not convinced that the SEC list moved the ball very far," said Gary M. Osen of Osen & Associate LLC in Oradell, N.J. "It is hard to escape the fact that it is a rather limited sample."
The 37-year-old Osen has a neat haircut, a sonorous voice, a sober demeanor—and plenty of experience in damage compensation cases. In Germany, he represented the heirs of the Wertheim family against major retailer KarstadtQuelle. ‘In our suit we accuse Arab Bank of supporting the funding of extremist Palestinian groups,’ says Osen. ‘Our goal is to make it much more difficult for them to access the money.
[Peter] Sachs, 69, of Sarasota, Fla., will testify Thursday at a government commission that will determine if the collection should be returned to him or stay at the museum, which inherited it from East Germany after the fall of the Berlin Wall.
For the second time in a week, a U.S. judge has refused to throw out a lawsuit accusing a European bank of knowingly providing financial services to charities allegedly controlled by a terrorist organization.