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Judge lets Holocaust suit against banks continue

NEW YORK (AP) — A judge refused to dismiss a class-action lawsuit against German banks by Holocaust victims, saying to do so would endanger the claims of people who have waited decades to be compensated.

The plaintiffs had asked that their lawsuit be dismissed because of an out-of-court settlement that established a $4.6 billion fund to compensate people enslaved by the Nazis during World War II.

But U.S. District Judge Shirley Wohl Kram said Wednesday that it would be unjust to dismiss the suit, even though lawyers have said a dismissal would allow more than 1 million former slave laborers to be paid.

The judge said she needed assurance that the German foundation responsible for compensation requests is already funded and that the claims of people who could not yet appear before the court would be handled fairly.