Pacific Investment Management Co. v. American International Group Inc. News

AIG to Appeal Ruling Letting PIMCO Suit Over Financial Crisis Investments Proceed

American International Group Inc. failed to persuade a judge to throw out a lawsuit by Pacific Investment Management Co. over investments that were wiped out because of the insurer’s exposure to credit-default swaps and subprime debt in the run-up to …

AIG Sued by Pimco Over Swaps, Subprime Losses

Pacific Investment Management Co. accused American International Group Inc. of misleading investors about “colossal” losing bets on unregulated credit-default swaps and subprime debt before the 2008 financial crisis. Pimco seeks to hold AIG accountable for tens of billions of dollars …