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New York Drops Damages Claim In Suit Against Former AIG Chief Maurice Greenberg

New York Drops Damages Claim In Suit Against Former AIG Chief Maurice Greenberg

  In their civil suit against former American International Group CEO Maurice Greenberg, the office of the New York Attorney General is dropping a claim for damages. The decision was…

Class-Action Status Granted to AIG Shareholders

Class-Action Status Granted to AIG Shareholders

  A federal judge awarded class-action status to two groups of American Group Inc shareholders on Monday, according to Reuters. The status was granted in the $25 billion lawsuit by…

AIG Decides Not to Sue the Government Who Bailed Them Out

AIG Decides Not to Sue the Government Who Bailed Them Out

Until today, A.I.G. was in a difficult spot, at the point of uncertainty, whether or not to join a suit against the very government that had so graciously bailed them…

NY Federal Reserve Wins Lawsuit Filed by AIG’s Greenberg

NY Federal Reserve Wins Lawsuit Filed by AIG’s Greenberg

  United States District Judge Paul Engelmayer dismissed the lawsuit filed by Maurice Greenberg that accused the Federal Reserve Bank of New York for unlawfully bailing out American International Group…

Shareholders of AIG Do Not Want Settlement Delayed

Shareholders of AIG Do Not Want Settlement Delayed

  Lawyers for American International Group Inc shareholders argued that the attorney general for New York should not postpone a $115 million settlement between them and the former chief executive…