Eliot Spitzer News

Judge Allows Trial in Greenberg Defamation Claim Against Spitzer

A defamation lawsuit by former American International Group Inc. Chief Executive Officer Maurice Greenberg against Eliot Spitzer may move toward trial, a state judge ruled after throwing out many of the claims against the ex-New York governor. Greenberg, 89, sued …

Marsh & McLennan Climbs to Post-Spitzer High

Marsh & McLennan Cos., the biggest insurance broker by market value, has climbed to a 9-year high, bouncing back from the plunge that followed then-New York Attorney General Eliot Spitzer’s lawsuit against the company. The broker has rallied 35 percent …

AIG Ex-Chief Greenberg Sues Spitzer for Defamation

Former American International Group Chief Executive Maurice “Hank” Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the lawsuit. One Spitzer comment cited in the court filing …

Ex-AIG CEO Greenberg Must Face N.Y. Suit, Appeals Court Says

Former American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg must face a fraud lawsuit brought by the New York attorney general, the state’s highest court ruled. The state can pursue its case over a sham reinsurance transaction and …

Greenberg Should Face Trial as ‘Deterrent,’ Says New York State

Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims against him, a lawyer for the state argued …

Greenberg Seeks Dismissal of Spitzer Reinsurance Lawsuit

New York’s highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International Group Inc. New York Attorney General Eric Schneiderman dropped …

Supreme Court Weighs Government’s Statute of Limitation in Civil Penalty Cases

The U.S. Supreme Court on Tuesday appeared poised to curtail the power of the top federal securities regulator to seek civil penalties after exceeding the usual time limit for fraud investigations. In oral argument, justices from across the ideological spectrum …

Ex-General Re, AIG Execs May Settle Criminal Case

Four former executives at Berkshire Hathaway Inc.’s General Re Corp. and one at American International Group Inc. are in talks to settle a long-running criminal case accusing them of engineering a reinsurance transaction that fraudulently boosted AIG’s loss reserves. The …

Judge: New York AG Must Decide on Revealing Spitzer’s Emails on AIG

New York’s Attorney General must review his predecessor’s private emails relating to a probe of American International Group Inc. and decide whether to release them to the public, a state judge has ruled. The office of Attorney General Eric Schneiderman …

‘Hank’ Greenberg to Host Fundraiser for Republican Candidate Perry

C. V. Starr & Co. Inc. Chairman and CEO Maurice “Hank” Greenberg is scheduled to host a fundraising event in New York on Tuesday, Sept. 20, for Texas Gov. Rick Perry. Perry is one of the leading Republican Party candidates …