American International Group Inc has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008.
U.S. judge on Tuesday approved a $72 million settlement to resolve shareholder claims that Berkshire Hathaway Inc's General Re Corp engaged in a sham deal that helped inflate AIG's reserves.
A federal judge on Wednesday approved a $115 million settlement between AIG shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged improper accounting at the insurance giant.
A federal judge on Wednesday approved a $115 million settlement between AIG shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged improper accounting at the insurance giant.
Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.
Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.
A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.
A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.
A former partner at Dewey & LeBoeuf has sued a group of the law firm's ex-leaders for fraud, saying they ran the now-bankrupt firm as a Ponzi scheme to benefit themselves.
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"uri": "/2013/11/06/aig-settles-with-former-executive-before-274m-pay/",
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"summary": "American International Group Inc has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008.",
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"summary": "A federal judge on Wednesday approved a $115 million settlement between AIG shareholders and former CEO Maurice \"Hank\" Greenberg and other defendants over alleged improper accounting at the insurance giant.",
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"summary": "Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.",
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