Investors Accusing AIG Of Fraud Ordered To Reveal Sources

Law360, New York (March 6, 2012, 8:20 PM EST) -- Investors who brought a putative class action against American International Group Inc. and its executives must reveal the identities of three confidential witnesses whose testimony was crucial to their securities fraud suit, a New York federal judge ruled Tuesday.

Lead plaintiff State of Michigan Retirement Systems relied on testimony from the confidential witnesses in coming up with its 284-page complaint on behalf of a putative class of investors accusing AIG and various AIG executives, directors, accountants and underwriters of violating federal securities laws between 2006 and...
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