AIG Unit Doesn't Owe $5M For Investor Deal, 9th Circ. Told
By Cara Bayles ( June 16, 2017, 10:10 PM EDT) -- An AIG affiliate told the Ninth Circuit on Friday that a lower court wrongly ordered it to cover $5 million of a settlement over a software company's alleged stock inflation amid a patent infringement suit, saying it wasn't on the hook as a secondary insurer because the primary insurer knew of the litigation risks before it signed on....
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