Greenberg Lashes Back At AIG

Law360, New York (July 6, 2006, 12:00 AM EDT) -- Maurice “Hank” Greenberg defiantly continued the fight last Friday against the shareholders of his former company, American International Group Inc., who are suing him for allegedly inflating revenues by hundreds of millions of dollars.

In documents filed with the U.S. District Court in Manhattan, Greenberg said AIG’s 2005 financial restatements were “inflated and flawed,” with some of the largest changes having “nothing to do with any alleged improper conduct by anyone.”

“The implication of AIG’s mammoth, flawed restatement that plaintiffs seek to create and exploit is...
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