Restitution for African Slave Labor
Jewish holocaust survivors sued several of Germany’s biggest companies, alleging that the firms profited from Nazi-era slave labor. The lawsuits followed the recent Holocaust settlement of $1.25 billion with Swiss banks, and a pledge by the Italian insurance firm Asscurazioni Generali to pay $100 million to compensate Holocaust victims for unpaid insurance policies. Generali was one out of sixteen insurers facing a class-action lawsuit filed in behalf of Jewish survivors.