MedPartners had been run by Richard Scrushy, who was hit with a $2.8 billion judgement in 2009 for his alleged role in another fraud at HealthSouth. Read more
AIG’s Lavastone bought nearly 7,000 life settlements from Coventry with a total face value of $20 billion from 2001 to 2011, when AIG stopped acquiring life settlements. Read more
American International Group Inc. has settled a $60 million fraud suit brought by a group of investment funds that objected to a $725 million class action settlement over an alleged market d... Read more
The corporate entity Victaulic Co. has won a $55 million verdict in its lawsuit against American International Group Inc. (AIG) subsidiaries. It was proved that the Defendants improperly ref... Read more
American International Group Inc. (AIG) will pay $40 million to settle proposed class action litigation alleging that the insurer’s employee pension plans improperly invested in its ow... Read more
American International Group Inc. (AIG) shareholders have received approval of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to... Read more
PricewaterhouseCoopers LLP (PwC) will pay $10.5 million to settle claims in a consolidated securities class action filed against American International Group Inc. (AIG). It was alleged in th... Read more
American International Group Inc. (AIG) will pay $960 million to settle a consolidated securities class action alleging the insurer misrepresented the value of credit default swaps between 2... Read more
Two American International Group Inc. (AIG) units and Allied World National Assurance Co. have agreed to pay $60 million to settle claims that they failed to properly cover a California wate... Read more
The Pennsylvania Superior Court on March 4 affirmed a trial court ruling that said an American International Group subsidiary had a duty to defend Titeflex Corp. in the remaining litigation... Read more
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