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NU Online News Service

Three Ohio pension funds have reached a $115 million settlement agreement with Maurice Greenberg, former CEO of American International Group (AIG), and three other company executives regarding charges of “anti-competitive practices,” Ohio Attorney General Richard Cordray announced.

However, AIG itself remains a defendant in the case, and Cordray made it clear he intends to vigorously pursue the civil action, filed in the U.S. District Court in the Southern District of New York.

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