The Newswire for Business Lawyers

AIG $24M Settlement To Pensioners Nears Approval

Law360, New York (July 07, 2008) -- A judge has tentatively approved American International Group Inc.'s $24.2 million offer to settle employees' charges that the insurance giant's kickback and bid-rigging schemes caused pensions to lose value.

On July 1, Judge John E. Sprizzo of the U.S. District Court for the Southern District of New York preliminarily approved the plaintiffs' June motion outlining the deal and scheduled...

Login

E-mail
Password
 
  I forgot my login details.

For the whole story, take a 7-day free trial.

Submit your request to try Law360 for free for seven days:

*
*
*
*
*
*
*
*

*Required

Select at least one interest area:*
You will receive Law360's free daily newsletter for the interest area(s) selected..

Appellate
Bankruptcy
Competition
Contract
Corporate Finance
Employment
Energy
Environmental
Financial Services
Health
Insurance
Intellectual Property
International Trade
Product Liability
Securities
Technology
Top News (General Interest)

The only daily news service covering every major practice area of the law.
  • Breaking news available nowhere else
  • More than 66% of articles published before or simultaneously with any other source
  • 44% of articles have critical legal documents attached
  • More than 1,000 columns by leading practitioners published per year
  • More than 20,000 exclusive articles published per year
  • Detailed coverage of 16 major practice areas