AIG Back in the News – Will Frauds Be Fully Aired ?
The wheels continue to grind on whether AIG’s alleged frauds will be fully aired. One new development is that a New York appellate court approved a trial for Hank Greenberg on some of the various fraud claims. Second, Judge Kessler has stayed her ruling granting access to reports of the corporate monitor for AIG – the story is here. As mentioned before, Corporate Counsel and its lawyers previously won a ruling requiring disclosure.