Gary Osen, an attorney for the plaintiffs in a case against Jordan-based Arab Bank, talks with reporters outside federal court in the Brooklyn in August. (AP)

In what has the potential to be one of the most important verdicts in the era of modern terrorism, a federal jury has found the Arab Bank of Jordan liable for “knowingly supporting terrorism efforts” relating to 24 attacks by the terrorist group Hamas that took place during the Second Intifada.

The suit was filed under the American Anti-Terrorism Act, which allows for Americans or their families to sue if they are harmed in acts of terrorism abroad. In the case of the roughly 300 plaintiffs, they sought damages from the Arab Bank, in part, for hosting accounts for members of Hamas.

Here’s how Armin Rosen at Business Insider summed up the meaning of the case:

The decision sets a significant precedent. The US Treasury Department emerged as […]