Greenberg bailout lawsuit News

AIG Shareholders Gain Class Action Status in Greenberg’s Bailout Suit

Two groups of American International Group Inc. shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Maurice “Hank” Greenberg over alleged losses caused by the U.S. government’s bailout of the …

Greenberg Won’t Sue AIG Over Bailout Lawsuit Vs. Government

Hank Greenberg will not sue AIG over the company’s decision not to join his lawsuit against the U.S. government, his lawyer said on Thursday. Greenberg, who was chief executive officer of American International Group Inc. for decades, has sued the …

AIG Decides Not to Join Bailout Lawsuit Against Government

The board of American International Group Inc. decided on Wednesday not to join a lawsuit against the U.S. government over the terms of the company’s bailout, following two days of fevered backlash from Congress and the public over the prospect. …

AIG Board Meets on Possible Bailout Lawsuit vs. Government

The board of American International Group Inc. met on Wednesday to consider a lawsuit against the U.S. government over the terms of the company’s bailout, a discussion directors defended as their responsibility but one that critics condemned as the height …