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: Law Blog - WSJ.com

AIG Reaches Huge Settlement with Ohio, But Can it Pay?

By Ashby Jones

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Late last week, insurance giant AIG, agreed to pay $725 million to a group of Ohio pension funds to settle a long-running securities lawsuit. The plaintiffs had alleged that the company several years ago engaged in insurance bid-rigging and inflated its stock price and insurance reserves.


Full post as published by Law Blog - WSJ.com on July 19, 2010 (boomark / email).

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