Search for: "AMERICAN INTERNATIONAL GROUP, INC. (AIG)"
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International Banking and Finance Provide Grounds for Removal of State Court Action to Federal Court
26 Oct 2011, 3:00 am
American Int’l Group, Inc., et al. v. [read post]
2 Sep 2015, 11:03 am
Seems that Coventry's been accused by AIG of a sort of "pump and dump" of life policies, which left AIG with a bit of a loss.And by "bit of a loss" I mean $150 million.Ouch.So, one thing lead to another, and now both parties are in court:"Coventry First LLC illegally marked up prices on hundreds of investments that bet on when people would die, an American International Group Inc. unit said at the start of a fraud… [read post]
27 Mar 2013, 1:53 pm
The enforcement includes settlements announced in 2012 with Prudential Company of America and MetLife Inc., as well as a multi-state investigation of American International Group Inc. [read post]
27 Jan 2009, 2:05 pm
This Rueters piece provides the basics on a notable white-collar sentence handed down today: A former executive at American International Group Inc was sentenced to four years in prison on Tuesday for his role in a reinsurance deal that prosecutors said misled AIG investors. [read post]
23 Mar 2009, 7:21 am
Wall Street Journal is reporting that a coalition of 19 state attorneys general is launching an investigation into controversial bonuses paid to employees at American International Group Inc.'s financial products unit, whose woes brought the insurer to its knees last year.New Jersey's attorney general, Anne Milgram, notified the company of the probe in a letter signed also signed by the AGs from Arizona, Delaware, Illinois, Kentucky, Louisiana, Maine,… [read post]
5 Jun 2012, 1:50 am
Florida Insurance Commissioner Kevin McCarty today announced that asettlement agreement between the American International Group, Inc. [read post]
4 Nov 2008, 1:04 am
One must remember that Hindert wrote NOTHING about AIG until AFTER the $85B bailout of the holidng company American International Group, Inc. [read post]
15 Sep 2008, 7:16 pm
American International Group, Inc., the largest U.S insurer by assets, has sought a $ 40 billion lifeline from the Federal Reserve, according to the New York Times. [read post]
28 Sep 2010, 1:13 pm
(In re American International Group, Inc. 2008 Securities Litigation, SD NY, No. 08 Civ 4772, Sept. 27, 2010).The court also allowed the action to go forward against AIG's audit firm under alleged Section 11 of the Securities Act violations. [read post]
14 May 2009, 6:14 am
” blared a Chicago Tribune editorial in mid-March, responding to news that American International Group Inc. planned to give $450 million in bonuses to its top executives during a very public federal bailout. [read post]
5 Jan 2011, 6:08 am
Amidst a sea of other far more scandalous financial meltdowns these last few years, Bloomberg reports that American International Group Inc. [read post]
27 May 2010, 9:43 am
Group, Inc. [read post]
16 Jan 2017, 7:37 am
Among its allegations, the Class Action Lawsuit accuses Defendant American International Group, Inc. [read post]
16 Jan 2017, 7:37 am
Among its allegations, the Class Action Lawsuit accuses Defendant American International Group, Inc. [read post]
9 Nov 2008, 3:00 pm
If you sense a bit of sarcasm here, it's because we pointed out at the beginning that this was a bone-numbingly bad idea, and this latest installment just underscores that.But wait, it gets better:"The U.S. government was near a deal Sunday night to scrap its original $123 billion bailout of American International Group Inc. and replace it with a new $150 billion package, according to people familiar with the matter. [read post]
27 May 2007, 4:27 pm
A New York jury found the company's director liable for assisting in Brightpoint's fraud and other violations of securities law said the SEC In November, the American International Group(AIG) paid $126 million to settle claims by the Department of Justice and SEC that it assisted companies, including Brightpoint and the PNC Financial Services Group, inflate earnings through AIG's insurance products. [read post]
17 May 2012, 6:24 am
Div. 1st Dep’t May 8, 2012) On March 8, 2012 New York’s Appellate Division, First Department, denied summary judgment motions filed by two former executives of American International Group, Inc. [read post]
14 Jul 2010, 9:29 am
The hearing was called to probe the relationship between Goldman and American International Group Inc (AIG). [read post]
1 Sep 2008, 10:52 pm
American International Group, Inc. [read post]
13 Apr 2009, 11:08 am
Countering the theory that there is much in the way of brains to drain on Wall Street is the head of AIG Financial Products (via TPM): American International Group Inc.'s financial-products unit is on track to wind down by year end, but the controversy over bonuses that led to the loss of some key people may have made the process more costly for taxpayers, the unit's head said. [read post]
