March 23, 2009
A busload of activists representing working- and middle-class families paid visits Saturday to the lavish homes of American International Group executives to protest the tens of millions of dollars in bonuses awarded by the struggling insurance company after it received …
March 23, 2009
Connecticut’s attorney general says documents turned over to his office by American International Group Inc. shows the company paid out $218 million in bonuses, higher than the $165 million previously disclosed. Attorney General Richard Blumenthal’s office received the documents late …
February 24, 2009
A Connecticut woman whose 200-pound chimpanzee mauled and disfigured her best friend is vulnerable to a costly civil lawsuit, while the state also could face legal trouble for failing to take action, legal experts said Friday. Travis, a 14-year-old chimp, …
September 8, 2008
U.S. prosecutors said a scheme to manipulate the financial statements of the world’s largest insurance company, American International Group Inc., resulted in a loss of more than $1 billion to investors. Four former executives of General Re Corp. and a …
April 11, 2008
Federal prosecutors want Berkshire Hathaway Inc. to replace the chief executive of its reinsurance subsidiary after four former executives of the company were convicted in February, according to a person familiar with the negotiations. Prosecutors and Berkshire Hathaway attorneys on …
February 13, 2008
A federal prosecutor urged a jury in Hartford on Monday to follow the money and convict five former insurance company executives of a scheme to manipulate the financial statements of the world’s largest insurer. “The defendants knew the true deal …
January 9, 2008
The former chairman and CEO of the world’s largest insurer initiated a deal that led to five ex-executives being charged in a scheme to manipulate the company’s financial statements, a federal prosecutor said Monday during opening arguments at their trial …
January 7, 2008
Billionaire investor Warren Buffett has long been revered in the business world, but his importance at a trial involving the world’s largest insurer is hotly contested. The trial starts today in federal court in Hartford for four former executives of …
March 26, 2007
The arrest of a prominent attorney on charges of destroying evidence in a Connecticut child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ …
March 6, 2007
The arrest of a prominent attorney on charges of destroying evidence in a Connecticut child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ …