Judge Allows Mediation For General Re In AIG Case

Law360, New York (November 14, 2008, 12:00 AM EST) -- Citing a want for mediation, a judge has stayed the claims against General Reinsurance Corp. and its former CEO and former senior vice president in a securities class action brought with regards to alleged bid-rigging scheme and the dissemination of false and misleading statements at American International Group Inc.

In an order Tuesday, Judge John E. Sprizzo of the U.S. District Court for the Southern District of New York stayed the claims in the suit until Feb. 6 to allow for the General Re defendants and...
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