Search Results for: AIG

American International Group (AIG) , one of the world's largest insurance companies, has agreed to pay $1.64 billion to settle fraud, bid-rigging and improper accounting charges, New York Attorney General Eliot Spitzer announced...

The office of New York Attorney General Eliot Spitzer announced Friday that it does not expect to pursue state criminal charges against Maurice "Hank" Greenberg , former AIG chairman and CEO....

Leading Monday's corporations and securities law brief, Warren Buffett company Berkshire Hathaway has revealed that the management company is being investigated by the SEC and the state of New York, among others. In a filing with...

Senior Vice President at Berkshire Hathaway subsidiary General Re Richard Napier pleaded guilty Friday to helping international insurance giant AIG misstate its finances. Both Napier and former General Re executive John Houldsworth, who...

A former top executive in Berkshire Hathaway's Gen Re insurance group, will plead guilty later this week to one count of conspiracy, according to his lawyer. John Houldsworth is charged with conspiring to misstate the...

Citing a pattern of fraud at American International Group Inc. , the world's largest insurer by market value, New York Attorney General Eliot Spitzer has filed suit against AIG, its former chief executive, Maurice "Hank" Greenberg ,...

Leading Monday's corporations and securities law news, Coca-Cola Co. has announced that the Justice Department (DOJ) has closed its investigation relating to allegations raised in a whistleblower lawsuit of accounting irregularities at the company. The...

Leading Wednesday's corporations and securities law news, United Food and Commercial Workers (UFCW) , the largest US grocery union, has filed a complaint against Wal-Mart Stores Inc. with the National Labor Relations Board (NLRB) ...

Leading Tuesday's corporations and securities law news, the Wall Street Journal is reporting that 20 former NYSE traders who oversaw stock auctions were indicted on charges they traded stocks which benefited their firms at the expense of...

Leading Monday's corporations and securities law news, Warren Buffett is set to appear before the SEC, New York Attorney General Eliot Spitzer and the US Department of Justice to answer questions related to...