Maurice “Hank” Greenberg News

Judge Temporarily Halts New York AG Suit Against Greenberg

Former American International Group (AIG) Chief Executive Maurice “Hank” Greenberg on Thursday won a short reprieve from New York’s case accusing him of orchestrating sham transactions at AIG. State appeals court Associate Justice David Friedman granted Greenberg’s request to halt …

U.S. Asks Court to Block Bernanke Testimony in Greenberg’s AIG Lawsuit

The U.S. Justice Department on Friday asked an appeals court to reverse a judge’s ruling last month that Federal Reserve Chairman Ben Bernanke must testify in a lawsuit about American International Group Inc.’s 2008 bailout. Bernanke cannot be forced to …

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 …

Greenberg’s $25B Suit Against Government Over AIG Bailout Can Proceed

Maurice “Hank” Greenberg can continue his $25 billion lawsuit against the U.S. over losses from the bailout of his former company, American International Group Inc., without making claims on behalf of the insurer, a judge ruled. Greenberg and other minority …

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 …

Former New York Governors Tell AG: Drop Greenberg Suit

In an opinion piece published in today’s Wall Street Journal, two former New York governors are urging the New York Attorney General to stop the pursuit of Maurice “Hank” Greenberg in a case tied to accounting transactions. Mario Cuomo, a …

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 …

AIG May Join Suit Against Federal Government Over ‘Unfair’ Bailout Terms

American International Group Inc., the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may join a lawsuit against the government alleging the terms of the deal were unfair. The news prompted a …

Judge Says Greenberg May Pursue $25B Suit Over AIG Bailout

A company run by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg may pursue a $25 billion lawsuit against the U.S. government, in which it called the 2008 federal bailout of the insurer unconstitutional. Judge Thomas Wheeler of …

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 …