NU Online News Service, Aug. 1, 2:43 p.m. EDT

The convictions of four former executives at General Reinsurance Corp. and another at American International Group Inc. have been thrown out by a federal appeals court.

A panel of judges in the U.S. Second Circuit Court of Appeals has ordered a new trial for Ronald Ferguson, former chief executive officer of General Re; Elizabeth Monrad, former chief financial officer of the company; Christopher Garand, former senior vice president; and Robert Graham, former assistant general counsel.

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