New York AG Greenberg suit News

Supreme Court Denies Greenberg Bid to Halt New York AG’s Reinsurance Case

The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer, even as his trial continues. The justices …

Ex-AIG CEO Greenberg Testifies in Reinsurance Trial

Former American International Group Inc. Chairman Maurice “Hank” Greenberg says he got personally involved in an “insignificant” business deal at the insurance giant 18 years ago to teach some managers a lesson. Now, that deal is part of a fraud …

Greenberg’s Lawyer Says Reinsurance Charges Built on ‘Hearsay and Speculation’

The state pressed on for more than a decade with civil fraud claims against a 91-year-old former chief executive of insurance company American International Group Inc. as a warning to other executives that wrongdoing won’t go unpunished, a state attorney …

Greenberg Facing Trial in New York AG’s Case Tied to AIG Reinsurance Deal

Former American International Group CEO Maurice “Hank” Greenberg must stand trial over alleged sham transactions, New York’s top court ruled on Thursday, as the long-time financial industry titan failed in his 11-year-old quest to escape civil fraud charges. The New …

Greenberg Wants State’s High Court to Nix New York AG’s Fraud Case

In a last-ditch effort to avoid trial, former American International Group Inc Chairman Maurice “Hank” Greenberg is seeking permission to ask New York’s highest court to throw out the accounting fraud case against him. Greenberg, who turns 90 next month, …

Greenberg Denied Bid to Dismiss New York AG Fraud Suit

A New York state appeals court rejected former American International Group Inc. Chairman Maurice “Hank” Greenberg’s bid to dismiss a decade-old lawsuit accusing him of orchestrating an accounting fraud at the insurer. The court found that the New York attorney …

Greenberg Calls New York Fraud Suit Waste of Time, Money

Ex-American International Group Inc. Chairman Maurice “Hank” Greenberg said New York’s pursuit of him through a decade-old fraud suit is a waste of taxpayer money, as the two sides prepare for a trial next month. The suit has “fallen apart” …

AIG Ex-CEO Greenberg Faces January Trial in Loss Reserving Lawsuit

Maurice “Hank” Greenberg, the former chairman of American International Group Inc., will go on trial in January after more than nine years of legal jousting over former New York Attorney General Eliot Spitzer’s lawsuit accusing him of fraud. The state …

Court Denies AIG Ex-CEO Greenberg Bid to Remove Judge From New York AG Case

Maurice “Hank” Greenberg, the former chairman of American International Group Inc., lost his bid to remove a judge from a lawsuit brought in 2005 by the New York state attorney general accusing him of accounting fraud. In the case, which …

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 …