The settlement resolves allegations of AIG’s wide-ranging fraud from October 1999 to April 2005 involving anti-competitive market division, accounting violations and stock price manipulation, and brings total expected recovery for AIG
Q: How can my AIG stock aig go from less than $2 a share to nearly $15 a share, and I still didn't make any money? Is this possible? A: It's strange, but true. You've lost money on AIG even though the share price has risen. The reason? …
(the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.7340 per share from $44.9036 per share and the number of shares of AIG Common Stock receivable …
NEW YORK — American International Group, the world's largest insurer by assets, has sued Maurice Greenberg, its former chief executive, accusing him of having "misappropriated" AIG shares worth $20 billion. AIG asserts that …
It was American International Group accounting change blunders in 2005 that hurt the company's stock, not any misdeeds on his part, AIG's ousted chairman and chief executive officer, Maurice Greenberg, argues in new court …
It’s that the AIG lawsuit, while breaking new ground in chutzpah ... unloaded $278 million worth of company stock in 2010; it presumably would have been worth nothing if the government had let the firm declare bankruptcy and the global …
AIG) have been hit by the problems with yield at the insurance giant, but investors have still inflated the company’s value. The company’s stock grew by more than 47% in 2013, leaving it with a P/E of to 8.7 on Monday. The company is still …
Welcome back AIG, or um, another 15 per cent of you. From the bailed out insurer’s public offering prospectus, released Wednesday morning: American International Group, Inc. (“AIG”) is offering 100,000,000 shares of its common …
Paul Smalera asks -- but, sadly, doesn't answer -- the big question surrounding AIG's bonus compensation: why on earth are the company's executives specifically asking for it to be paid in worthless AIG stock, when they already got …
According to the 2016 Forbes Global 2000 list, AIG is the 87th-largest public company in the world. AIG common stock was listed on the New York Stock Exchange in 1984 and later, in 1987, it became the first foreign insurance company …