Elbit Systems Ltd. (ESLT) said Wednesday that it has been informed that a claim in the amount of about $10 million was filed in the District Court - Central District by Pinpoint Advance Corp. against two of its Israeli subsidiaries - Elbit Systems Holdings (1997) Ltd. and Kinetics Ltd. as well as against Ya'akov Gadot, an officer of Elbit Systems Ltd.
Elbit Systems believes that there is no merit to the allegations made in the claim and will respond accordingly in court.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.