AIG Greenberg settlement News

A federal judge on Wednesday approved a $115 million settlement between American International Group Inc. shareholders and former CEO Maurice “Hank” Greenberg and other defendants over alleged improper accounting at the insurance giant. The accord is the latest in a …

New York Attorney General Eric Schneiderman cannot stop a $115 million settlement between American International Group Inc. shareholders and the insurer’s former chief executive and others, a U.S. judge ruled on Monday. The New York Attorney General lacks standing to …