New York Attorney General Eric Schneiderman News

New York AG Urges Tech Firms to Act Responsibly as Business Models Evolve

New York State’s top lawyer told technology-firm executives he will “bring the full force” of his office against companies that mistreat their workers or cheat consumers. Speaking to entrepreneurs and executives gathering in Manhattan, Attorney General Eric Schneiderman said on …

Reinsurance Suit Against Greenberg Sent to New York’s Top Court Again

A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second time, likely delaying for several months a trial that …

Sandy Flood Insurance Issues Said to Be Focus of Criminal Probe

New York’s attorney general has opened a criminal probe into accusations by Hurricane Sandy victims that insurance companies rejected claims for flood damage to their properties based on falsified engineering reports, a person familiar with the matter said. New York …

New York AG to Propose Legislation to Strengthen Data Security Law

New York Attorney General Eric Schneiderman will propose legislation on Thursday that he says would make the state’s data security law the strongest in the country and require “unprecedented safeguards” for personal data. Schneiderman’s proposal seeks to broaden the scope …

New York AG Says AIG’s Lawsuit Is Bid to Hobble Unlicensed Sales Probe

New York Attorney General Eric Schneiderman asked a judge to dismiss American International Group Inc.’s lawsuit against the state’s top financial regulator, saying the insurer is trying to interfere with a probe of unlicensed overseas insurance sales. “The investigation of …

Starr’s Greenberg Loses Bid for Jury, Must Face Judge He Criticized

Former AIG chief Maurice “Hank” Greenberg will have to defend himself against claims of accounting fraud in a non-jury trial conducted by a judge he tried to remove for alleged bias. Justice Charles Ramos of New York state court on …

New York’s AG Forms New Bureau to Fight Complex Financial Crimes

New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate. Gary Fishman, 44, a former state prosecutor in the …

Ex-AIG Executives Greenberg, Smith Press Ethics Complaint Against New York Prosecutors

Former American International Group executives are pursuing an ethics complaint against the New York prosecutors still bringing the charges that cost them their jobs at the insurance giant in 2005. The complaint at the Joint Commission on Public Ethics by …

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 …