By Chris Dolmetsch, Bloomberg News
Former American International Group Inc. Chairman Maurice “Hank” Greenberg is finally getting to tell his side of the story in a fraud lawsuit filed against him more than 11 years ago by then-New York Attorney General Eliot Spitzer.
The 91-year-old World War II veteran took the witness stand in a Manhattan courtroom Tuesday morning to rebut claims that in 2005 he and former AIG Chief Financial Officer Howard Smith orchestrated two sham transactions to hide the insurer’s financial condition from shareholders.
The current attorney general, Eric Schneiderman, is seeking to bar Greenberg and Smith ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.