Maurice “Hank” Greenberg 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 …

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 …

AIG Ex-CEO Greenberg Fights Ruling on Reinsurance Fraud Charges

Former American International Group Inc. Chief Executive Maurice “Hank” Greenberg said New York’s attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions. Greenberg and co-defendant Howard Smith, AIG’s former …

Reinsurance Fraud Case Against AIG Ex-CEO Greenberg Going to Trial

A New York appeals court on Tuesday gave former American International Group Inc. Chief Executive Maurice “Hank” Greenberg a partial victory in the state’s fraud lawsuit against him over two suspect reinsurance transactions, but cleared the way for the case …

U.S. Seeks Dismissal of Ex-CEO Greenberg’s $25B Lawsuit on AIG Takeover

The U.S. government has asked a court to dismiss a lawsuit relating to its 2008 takeover of American International Group that was filed by a company run by former AIG Chief Executive Maurice Greenberg, court documents showed. In November, Greenberg’s …

Maurice ‘Hank’ Greenberg Wins Leadership Award From Yale University

Maurice R. Greenberg, Chairman and CEO of Starr Companies, was awarded the Lifetime of Leadership Award from the Yale Chief Executive Leadership Institute, Yale School of Management. The Starr Companies chief received the award at a ceremony held on Dec. …

Greenberg Honored for China-U.S. Relations

The China General Chamber of Commerce – U.S.A. has honored Maurice R. Greenberg for his contributions toward U.S. and China exchanges. The organization’s Win-Win Award was presented to the insurance executive at the group’s dinner in New York City that …

‘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 …