Greenberg suit cleared for further action
June 27, 2013 by Arthur D. Postal
A federal court judge in Washington has cleared for trial claims by former AIG CEO Maurice “Hank” Greenberg that the “federal government’s methodology in aiding a troubled American International Group amounted to an attempt to ‘steal the business.'” Greenberg refiled his suit last July through Starr International, which owns approximately 13 percent of AIG.
In his ruling Wednesday, Court of Claims Judge Thomas Wheeler dismissed all “derivative claims,” i.e. those filed on behalf of AIG. Click here to read…