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Teachers Retirement System of the State of Illinois v. American International Group, Inc et al
Case Number:
1:13-cv-03377
Court:
Nature of Suit:
Judge:
Firms
- Akin Gump
- Gibson Dunn
- Latham & Watkins
- Mayer Brown
- Milbank LLP
- Robbins Geller
- Weil Gotshal
- Willkie Farr
Companies
Sectors & Industries:
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August 08, 2016
AIG Escapes Ill. Pension Fund's Securities Fraud Suit
An Illinois pension fund on Friday dropped its New York federal court claims against American International Group Inc. and several executives alleging the insurer schemed to artificially inflate the value of its securities while concealing a risky portfolio that led to a dramatic drop in its stock price.
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May 21, 2013
Ill. Pension Fund Slaps AIG With Securities Fraud Suit
An Illinois pension fund on Friday sued American International Group Inc. and current and former executives in New York federal court, saying the insurer schemed to artificially inflate the value of its securities while concealing a risky portfolio that led to a 97 percent drop in AIG's stock price.