EFP Roadside Bomb Injury Lawsuit | Terrorism Lawsuit Attorney • Carlson Law Firm

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Explosively formed penetrators (EFPs) are among the most deadly and destructive weapons used against U.S. troops in Iraq and Afghanistan. EFPs are powerful enough to penetrate and destroy Humvees and breach tank hulls. In fact, improvised explosive devices (IEDs) are responsible for half to two-thirds of Americans killed or wounded in Iraq and Afghanistan. If you’ve been hurt, or a loved one was killed, a terrorism lawsuit attorney can help you determine your best course of action.

There are several notable European banks that are credited with knowingly funding terrorist operations carried out by Hezbollah, the Iranian-backed militant Shia movement based in Lebanon. These banks concealed billions of dollars in transactions with their Iranian sponsors. These banks’ actions paved the road for the purchase of materials used to make the roadside bombs used against U.S. troops. If you suffered an EFP roadside bomb injury or a loved one was killed, contact The Carlson Law Firm to speak with an EFP lawsuit attorney to discuss your Iraq War Fund case.

The Carlson Law Firm is a veteran-owned and operated law firm headquartered in Fort Hood, Texas. Our EFP lawsuit attorneys have more than 40 years of experience representing active duty, veterans, and civilians across the nation. Our firm has the resources needed to take on the major international financial institutions under the Anti-Terrorism Act. Moreover, our firm is one of the most respected advocates for the military within the legal community. If you suffered an EFP roadside bomb injury contact us today. Scheduling your free case evaluation with an EFP lawsuit attorney is your first step to getting the recovery you deserve.

EFP Roadside Bomb Injury Claims

Mulitple banks have admitted to conspiring with Iran to provide millions of dollars to sponsor terrorist organizations. These attacks are responsible for the injuries and deaths of thousands of American soldiers and contractors. The Carlson Law Firm has been fighting for the rights of injured veterans across the nation for over 40 years. If you were injured, or someone you know was killed by an explosive device in Iraq or Afghanistan, you may be eligible for compensation by filing an EFP lawsuit. Contact The Carlson Law Firm today to schedule your free case evaluation.

What are the Different Types of Roadside Bombs?

Roadside bombs come in several forms. All of the weapons can be deadly or catastrophic to anyone nearby. The following weapons are responsible for the most common deaths and injuries in present-day warzones:

  • Explosively formed penetrators
  • Improvised explosive devices
  • Improvided rocket-assist munition
  • Rocket-propelled  grenades

If you or a loved one suffered an injury by a roadside bomb while serving in Iraq or Afganistan, contact The Carlson Law Firm. We have an experienced EFP lawsuit attorney ready to assist you. You deserve compensation for your injuries. A terrorism lawsuit attorney can help get the recovery you deserve and secure favorable compensation. Take the first step to rebuild your life and schedule a free consultation with a Carlson Law Firm EFP lawsuit attorney.

What is an EFP?

Explosively formed penetrators were dubbed “superbombs” because of their lethality. EFPs are a type of improvised explosive device that had enormous effects on the U.S. Military in war zones. These types of IEDs are self-forging warheads designed to effectively penetrate armor. Part of their deadliness is that fire in a similar way to canons.

An EFP starts as a shallow metal plate back by an explosive charge. When fired, the explosive charge deforms a concave metal plate into a slug or rod shape. As the shape forms, the plate accelerates toward an intended target. EFPs can breach can tank armor 300 feet away. Additionally, these types of IEDs detonate with a force capable of traveling more than a mile per second.

explosively formed penetrator

What are Explosively Formed Penetrators (EFPs) Made of?

Most explosively formed penetrators are made of copper. However, in recent years there has been an increase in EFPs made from tantalum. Tantulum is twice as dense as copper, making it a much more effective and preferred penetrator. Additionally, some EFPs are made from Iron.

In 2007, President George W. Bush confirmed that EFPs were made in Iran and exported to Iraq. However, in reality, U.S. troops raided a Baghdad machine shop and found copper disks—meaning, Iraqi insurgents had no need to rely on Iran as a source of EFPs.

What is the Iraq War Fund?

The Iraq War Fund is a compensation pool created by several European banks after pleading guilty to criminal charges or reaching a settlement for deferred prosecution for laundering money for Iran—a state sponsor of terrorism. The fund is to aid war veterans of the Iraq and Afghanistan wars, or their families, who suffered damages as a result of an EFP roadside bomb injury. The banks in question and their fines include:

  • Barclays: $298 million
  • HSBC: $1.9 billion
  • Credit Suisse: $536 million
  • Standard Chartered Bank: $340 million
  • Royal Bank of Scotland: $100 million

A portion of each fine will compensate the victims and the families of Iranian-backed terrorism.

Upon entering Iraq and Afganistan, the U.S. anticipated some level of rogue nations banding together. However, we did not expect leading financial institutions to carry out criminal conspiracies to aid an enemy. The five foreign banks violated U.S. and international law by giving Iran access to billions of dollars in a complex money-laundering scheme. Further, the banks were well aware of Iran’s status as a state sponsor of terrorism. Finally, the banks knew that Iran was a leading source of American injuries and casualties in the Iraq War.

To date, five foreign banks have admitted to entering into criminal conspiracies with Iran. These conspiracies provided the country with billions of dollars in violation of U.S. and international laws. Each bank a fine in relation to the amount of damage they’ve caused service members, contractors, and their respective families. Call our firm today to speak with a terrorism lawsuit attorney.

What is the Freeman v. HSBC Lawsuit?

The Freeman v. HSBC takes its name from lead plaintiff Charlotte Freeman. Iranian-trained militants killed Freeman’s husband in Iraq. Following Freeman’s original claim, dozens of Hezbollah violence victims and their families filed a lawsuit in November 2014 against five European banks. Their suit asserts that Barclays, HSBC, Credit Suisse, Standard Chartered Bank and Royal Bank of Scotland “committed acts of international terrorism.”

Further, the suit states that the European-based banks handled hundreds of billions of dollars in international transfers for Iranian banks. The lawsuit makes the connection between Iranian financial institution and the Islamic Revolutionary Guard, an elite Iranian paramilitary organization, and Hezbollah. Notably, The Revolutionary Guard and Hezbollah have trained and armed Shia groups in Iraq that have kidnapped, shot and blown up Americans.

What were the Justice Department’s Findings on Each Bank?

Because banks are the first line of defense against money launders, they have a responsibility to stop this type of criminal activity. When banks disregard the Bank Secrecy Act’s reporting requirements, it compromises lays of defense. This makes it more difficult to identify, detect and deter criminal activity. The U.S. started levying sanctions against Iran in 2002 to deter Tehran from its nuclear ambitions.

HSBC Holdings Group PLC

HSBC Holdings and HSBC Bank USA, together known as HSBC, agreed to pay $1.256 billion. The bank entered into a deferred prosecution with the U.S. Justice Department for violations of the Bank Secrecy Act. The Justice Department filed a four-count felony criminal information against the bank in the Eastern District of New York. It charged the bank with willfully failing to conduct due diligence on its foreign correspondent affiliates, violating the IEEPA and TWEA.

Beginning in the 1990s, HSBC worked with several sanctioned entities to inset cautionary notes in payment messages. The bank was guilty of following instructions from sanctioned entities, such as Iran, to omit their names from U.S. dollar payment messages. The bank also removed information identifying countries from U.S. dollar payment messages. In addition to these charges, the bank deliberately used cover payments to prevent the bank’s filters from blocking prohibited payments. The bank specifically left insert cautionary notes on transactions that warned of “care sanctioned country,” “do not mention our name in NY” and “do not mention Iran.”

HSBC waived federal indictment and agreed to the filing of the information.

Barclays Bank PLC

In December 2012, Barclays Bank PLC, a UK bank, agreed to pay $298 million to the United States and the New York County District Attorney’s Office. This agreement in connection with violations of the International Emergency Economic Powers Act (IEEPA) and the Trading With the Enemy Act (TWEA).

A criminal information was filed against the bank in August 2010 in the U.S. District Court for the District of Columbia. The bank was charged with one count of violating the IEEPA, and one count of violating the TWEA.

The bank waived indictment agreed to the filing of the information and accepted responsibility for its criminal conduct.

Credit Suisse AG

The Swiss corporation headquartered in Zurich agreed to pay $536 million to the U.S. and New York County District Attorney’s Office in connection with violations of the IEEPA and New York state law.

Court documents say that as early as 1995 through 2006, Credit Suisse in Switzerland and the United Kingdom purposely defrauded and hid information to avoid detection. These actions include altering wire transfers with U.S. sanctioned countries or persons. Specifically, Credit Suisse removed material information such as customer names, banks names and addresses and payment messages so that wire transfers would pass undetected through filters at U.S. financial institutions. The bank also trained its Iranian customers to falsify wire transfers so that messages would pass through the U.S. financial system undetected.

This scheme allowed countries and entities sanctioned by the U.S. to move hundreds of millions of dollars through the U.S. financial system.

Standard Chartered Bank

In August 2012, Standard Chartered Bank agreed to pay $340 million to New York’s bank regulator over its illegal Iranian transactions. The deal was arranged quickly to aid in pushing up the company’s shares.

Much like the other banks who paid fines, Standard Chartered hid Iran-linked transactions. The transactions hidden from regulators totaled more than $250 billion.

Royal Bank of Scotland

The Royal Bank of Scotland was fined $100 million for bust sanctions in Iran. Officials found that the bank stripped out codes used in international payments. By stripping these codes from payments the Royal Bank of Scotland hid the illegal transactions from U.S. regulators.

Commerzbank

Germany’s second-largest bank was ordered to pay $1.45 billion in fines to settle US Justice Department charges. The charges stem from the years 2002-2008 where the German bank cleared transactions worth $254 billion for sanctioned Iranian and Sudanese companies.

Commerzbank was found guilty by the Justice Department for violating the IEEPA and the Bank Secrecy Act. The bank agreed to pay:

  • $610 million fine to the New York State Department of Financial Services (DFS)
  • $200 million to the Federal Reserve
  • a $79 million fine for violating the International Emergency Economic Powers Act (IEEPA)
  • In addition, the bank will forfeit $563 million.

BNP Paribas S.A. 

BNP Paribas, a global bank headquartered in Paris agreed to enter a guilty plea to conspiring to violate the IEEPA and the TWEA. The bank processed billions of dollars of transactions through the U.S. financial system on behalf of Iran and several other businesses.

All of the banks admitted wrongdoing and knowingly violated U.S. economic sanctions. These actions enabled Iran to access the U.S. and international financial systems to illegal conceal wire transfers. According to the U.S. Department of Treasury, at least $150 million was moved to Iranian-controlled terrorists.

BNP Paribas pleaded guilty to felony charges under US and New York laws. The other banks entered into deferred prosecution agreements with the Department of Justice.

If you or a loved suffered injury while serving in Iraq or Afghanistan, contact The Carlson Law Firm. You can hold these banks accountable for your injuries and your losses as a result of these banks’ illegal activities. We have a qualified EFP lawsuit lawyer who can help you get the compensation and recovery you deserve.

History of Explosively Formed Penetrators (EFPs)

A deadly form of roadside bomb, known as explosively formed penetrators (EFPs), put U.S. military service members and contractors at increased risk each and every day while they were bravely serving their country overseas. We now know that enemy forces would not have been able to manufacture these deadly explosive devices without the aid of certain international banks that masked wire transactions to help fund terrorist groups.

Whereas most roadside bombs send energy and shrapnel in all directions, EFPs work more like cannons. Insurgents make the devices from commonplace items, including steel and PVC pipe. In addition, explosives are sealed with a copper disk. The device shoots out fist-sized wads of nearly-molten copper that can penetrate the armor on an Abrams tank.

The Bush administration alleged in 2007 that Iran was responsible for the arrival of EFP bombs in Iraqi war zones. U.S. officials alleged Lebanese militia group Hezbollah learned how to build the bombs from its Iranian allies, and then provided anti-American groups in Iraq with EFPs and the tools needed to build their own.

Some of the world’s most powerful banks knowingly funded Hezbollah terror operations. These institutions concealed billions of dollars in transactions with their Iranian sponsors, a Brooklyn federal lawsuit charges.

Eventually landing in Hezbollah’s hands, Iranian money aided in “planning and perpetrating the murder and maiming of hundreds of Americans in Iraq during the same time the conspiracy was proceeding,” according to the suit.

Anti-Terrorism Act – EFP Lawsuit

If you are a U.S. veteran, service member, or family member of a veteran or overseas contractor who suffered an injury, is living with a disability, or a loved one died in the Iraq War, you may take legal action. The U.S. Anti-Terrorism Act allows those wronged by institutions that illegally financed Iran’s acts of terrorism during the Iraq War and in Afghanistan to take action.

18 USC § 2333. Civil Remedies

(a) Action and Jurisdiction – Any national of the United States injured in his or her person, property, or business by reason of an act of intentional terrorism, or his or her estate, survivors, or heirs, may sue therefor in any appropriate district court of the United States and shall recover threefold the damages he or she sustains and the cost of the suit, including attorney’s fees.

EFP Roadside Bomb Explosive Device Injury Lawsuit Iraq War Fund Terrorism Lawsuit Attorney

How many people were affected by Roadside EFPs?

Tens of thousands of American veterans, service members, contractors, and families have been harmed by Iranian sponsored terrorism. In fact, Iranian-sponsors terrorists were responsible for the major of U.S. casualties in Iraq. For those who don’t lose their lives, the most common roadside bomb injuries include:

  • Broken bones
  • Loss of limb
  • Traumatic brain injury
  • Polytrauma (multiple traumatic injuries)
  • Blast injuries
  • Spinal cord injury
  • Vision loss
  • Post-traumatic stress disorder (PTSD)

Plaintiffs in the Iraq War Fund cases also include families, survivors, and dependents of veterans and contractors. Spouses, parents, siblings, and children have legal rights under the Anti-Terrorism Act. Contact The Carlson Law Firm to schedule a free case evaluation with an EFP lawsuit attorney.

Our Experience Fighting for Veterans

U.S. officials know that terrorist groups would not be able to manufacture improvised explosive devices and explosive penetrator devices. Multiple European banks are responsible for knowingly funding terrorist organizations through interactions with Iran. Their actions have led to the deaths of thousands of U.S. soldiers and contracts. The Carlson Law Firm has been fighting for the rights of injured veterans and their families across the nation for over 30 years. We are a veteran-owned and operated law firm headquartered at Fort Hood, Texas.

The Carlson Law Firm is one of the most respected advocates for veterans within the legal community. Our team has a commitment to obtaining the maximum level of benefits for our clients in every possible way.

Contact The Carlson Law Firm today for a free, no-obligation consultation for your EFP lawsuit today. Scheduling your free case evaluation with a terrorism lawsuit attorney is your first step to getting the recovery you deserve.