Search Results for: AIG

The National Community Reinvestment Coalition (NCRC) has filed a federal civil rights complaint with the US Department of Housing & Urban Development (HUD) Office of Fair Housing & Equal Opportunity (FHEO) ...

US insurance giant American International Group (AIG) is lobbying state governments to relax strict, recently enacted rules designed to provide greater oversight of the mortgage lending industry, the Wall Street Journal reported Thursday. The rules are contained...

JURIST Contributing Editor Douglas Branson, holder of the the W. Edward Sell Chair in Business Law at the University of Pittsburgh School of Law, offers a 50-year perspective on the structural roots of the current financial crisis in the United...

The US Securities and Exchange Commission (SEC) said Tuesday that it has begun an agency review of US financial accounting procedures, including "mark-to-market" rules, pursuant to the recently-passed $700 billion financial rescue bill...

The Federal Bureau of Investigation is currently investigating Fannie Mae, Freddie Mac, Lehman Brothers, and AIG along with 22 other financial institutions for possible mortgage fraud , US media outlets reported Tuesday. The investigations...

New York Attorney General Andrew Cuomo Thursday said his department is conducting an investigation into whether some investors used illegal methods to profit from recent declines in banking and insurance stocks. It is alleged that...

The Teachers Retirement System of Louisiana on Thursday settled a shareholder suit against a group of former executives from American International Group (AIG) , including AIG ex-CEO and chairman Maurice "Hank" Greenberg. The lawsuit, filed in...

A federal jury in Hartford, Connecticut on Monday found five former insurance executives guilty of charges of conspiracy, securities fraud, false statements to the SEC, and mail fraud in connection with a scheme to falsely inflate the financial health...

A US federal appeals court has ruled that a non-citizen cannot sue a US corporation for discrimination that allegedly occurred while he was working outside the US. The decision by the US Second Circuit Court of Appeals...

Agreement Between the Attorney General of the State of New York and American International Group Inc., announced February 9, 2006 [settlement of $1.64 billion to end civil litigation against the insurance company alleging fraud, bid-rigging and improper accounting, filed by...