Swiss bank drops lawsuit against Wikileaks

updated 4:33 p.m. ET March 5, 2008

SAN FRANCISCO - A Swiss bank has dropped its lawsuit against Web site Wikileaks.org for posting sensitive customer data.

Lawyers for Bank Julius Baer filed court papers Wednesday in San Francisco that officially ended the case.

The lawsuit sought to prevent the renegade Web site from posting secret documents the bank alleged were stolen by a disgruntled ex-employee.

A federal judge initially ordered the site shuttered. After criticism from free speech advocates and others, he ruled last week that Wikileaks could reopen and could post the documents until the lawsuit was resolved.

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