Ex-AIG Head Blasts NY Atty Gen’s Release On $10M Deal
Law360, New York (February 13, 2017, 7:17 PM EST) -- Former American International Group Inc. CEO Maurice “Hank” Greenberg and his attorney David Boies on Monday said the New York attorney general’s characterization of a $10 million deal reached last week to end long-running litigation was misleading, saying the settlement did not allege Greenberg committed fraud.
Greenberg and his co-defendant, former AIG Chief Financial Officer Howard I. Smith, held a news conference Monday with Boies Schiller Flexner LLP attorney name partner Boies to dispute aspects of New York Attorney General Eric Schneiderman’s account of a settlement Greenberg and Smith inked last week to end claims over a pair of AIG reinsurance...
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