The Newswire for Business Lawyers

ERISA Plaintiffs Seek OK For $24.2M Deal With AIG

Law360, New York (June 23, 2008) -- American International Group Inc. has agreed to pay $24.2 million to settle a class action by employees claiming the company's kickback and bid-rigging schemes caused their pensions to lose value.

The plaintiffs filed a motion on Friday in the U.S. District Court for the Southern District of New York, seeking the court's approval of the proposed settlement....

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