After 11 Years And 3 AGs, Ex-AIG CEO Finally Faces Trial

Law360, New York (September 12, 2016, 10:00 PM ET) — More than 11 years after being charged with civil fraud claims by then-New York Attorney General Eliot Spitzer, former American International Group Inc. CEO Maurice “Hank” Greenberg will face trial Tuesday over allegedly sham transactions that reaped tens of millions of dollars in bonuses.

Former AIG CEO Maurice “Hank” Greenberg, pictured, and former AIG Chief Financial Officer Howard I. Smith are both expected to take the witness stand. (Credit: AP) The marathon litigation against Greenberg, 91, and former AIG Chief Financial Officer Howard I. Smith has bounced…

Source: Law360

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