Law Firm Files ERISA Class Case Against AIG

NU Online News Service, Dec. 1, 4:26 p.m. EST?A New York law firm has filed a class action lawsuit against American International Group alleging bid-rigging activity by the firm hurt employee pension funds.[@@]

The suit seeking unstated damages was filed in U.S. District Court in Manhattan by the Wolf Popper law firm on behalf of workers enrolled in the company's 401 (k) plan.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.