AIG

Former AIG CEO Hank Greenberg Reaches $9.9 Million Settlement In The Accounting Fraud Case

Former CEO of AIG Hank Greenberg and CFO Howard Smith have agreed with the $9.9 million settlement w...

Feb 14, 2017 09:48 AM EST

Pimco is Cleared to Pursue Legal Action Against AIG in California

New York federal judge has cleared a way for Pacific Investment Management Co. to pursue lawsuit aga...

Apr 19, 2016 05:08 AM EDT

AIG units to pay $9.5 million settlement over expensive mutual fund shares

The three AIG units that were involved in practicing confllict of interest towards its clients are a...

Mar 15, 2016 06:06 AM EDT

Update: AIG, Coventry First say both parties settled the dispute over “life settlements”

AIG said that it had decided to settle its $2 billion lawsuit. It will allegedly resolve the accusat...

Mar 01, 2016 04:50 AM EST

Judge rules for ex-AIG CEO Greenberg over 2008 bailout, but no damages

A U.S. judge on Monday awarded no damages to American International Group Inc (AIG.N) shareholders l...

Jun 15, 2015 06:36 PM EDT

Senator Warren probes perks offered to annuities brokers

A high-profile U.S. senator said on Tuesday she has launched an investigation into 15 major annuity ...

Apr 29, 2015 09:28 AM EDT

AIG investors' $970.5 million settlement wins U.S. court approval

American International Group Inc (AIG.N) shareholders won approval on Friday of a $970.5 million set...

Mar 21, 2015 10:28 AM EDT

Companies sign secret tax deals with Luxembourg: report

More than 300 companies, including PepsiCo Inc (PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn....

Nov 06, 2014 01:41 AM EST

AIG to pay $35 million fine: New York insurance regulator

Insurer American International Group will pay a $35 million penalty for violations related to former...

Nov 01, 2014 04:40 AM EDT

Ex-Fed Chair Bernanke: wanted to stop AIG default, not punish firm

Former Federal Reserve Chairman Ben Bernanke said on Friday that he was hesitant to bail out America...

Oct 11, 2014 11:23 AM EDT

Ex-Treasury Secretary Paulson says AIG bailout was punitive

Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholde...

Oct 07, 2014 05:03 AM EDT

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