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Stock Market & Financial Investment News

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August 5, 2014
06:15 EDTAIGAIG agrees to $960M settlement in lawsuit over allegedly misleading investors
On July 15, the parties accepted a mediatorís proposal to settle the Consolidated 2008 Securities Litigation for a cash payment by AIG of $960M. As part of the mediator's proposal accepted by the parties, the parties have also agreed that the mediator will retain authority to resolve any disputes, if they arise, with respect to the finalization of the settlement documentation. The settlement remains subject to completion of definitive settlement documentation, notice to the class, and approval by the Court. The settlement amount has been accrued. Comments taken from a company filing.
News For AIG From The Last 14 Days
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December 12, 2014
08:09 EDTAIGBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.

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