NU Online News Service, July 7, 4:26 p.m. EDT

A federal jury in Manhattan rejected a claim by American International Group that Starr International Company (SICO), headed by Maurice Greenberg, was obligated to hold shares of AIG stock in trust for retiring AIG employees.

Mr. Greenberg, who was forced to leave as chairman and chief executive officer of AIG in 2005, had been called a liar by AIG's attorney for his testimony that there was no trust restriction.

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