2009-10-17 — reuters.com
"American International Group Inc and its former Chief Executive Maurice "Hank" Greenberg are in advanced talks to settle their legal disputes, the Wall Street Journal reported on Friday.
"The insurer may pay any penalties and future legal fees in Greenberg's case with New York Attorney General Andrew Cuomo, the newspaper said, adding that the agreement is not certain.
"A deal could also include the resolution of a $1 billion claim AIG has against Greenberg and another former AIG executive in a civil lawsuit, the WSJ reported."
"The insurer may pay any penalties and future legal fees in Greenberg's case with New York Attorney General Andrew Cuomo, the newspaper said, adding that the agreement is not certain.
"A deal could also include the resolution of a $1 billion claim AIG has against Greenberg and another former AIG executive in a civil lawsuit, the WSJ reported."
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