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Monday, May 4, 2026

Iran Sanctions Fraud Ruling Must Wait for Supreme Court Decision - Bloomberg Law

A False Claims Act suit accusing Standard Chartered Bank of engaging in banking practices that violated US sanctions against Iran must wait for the resolution of a separate case before the US Supreme Court, which could clarify how the Justice Department can seek dismissal of such whistleblower actions.

Brutus Trading LLC’s appeal seeking revival of its suit will be held in abeyance pending resolution of United States ex rel. Polansky v. Exec. Health Res. Inc., the US Court of Appeals for the Second Circuit said in a Tuesday order. The parties must brief the Second Circuit within 14 ...

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