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Stock Market & Financial Investment News

News Breaks
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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May 20, 2015
08:05 EDTAIGAIG acquires controlling stake in ING Employee Benefits Global Network
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May 15, 2015
17:15 EDTAIGPaulson & Co. gives quarterly update on stakes
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10:55 EDTAIGJANA Partners gives quarterly update on stakes
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May 14, 2015
16:26 EDTAIGAIG files automatic mixed securities shelf
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May 13, 2015
08:45 EDTAIGAIG names Brian Schreiber as Chef Strategy Officer
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