AIG Docs In $46M SEC Case Stay Secret, Judge Rules

Law360, New York (May 16, 2013, 5:26 PM EDT) -- A Washington federal court on Thursday blocked a journalist’s access to confidential reports on American International Group Inc.'s accounting practices that were ordered as part of a $46 million settlement with securities regulators in 2004, saying a recent appeals court ruling had closed the issue.

U.S. District Judge Gladys Kessler denied Susan Reisinger’s motion to release reports by an independent consultant, or IC, on AIG transactions that potentially violated accounting laws. The reports were mandated by the U.S. Securities and Exchange Commission as part of a...
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