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Cases & Investigations
American International Group, Inc. (AIG II) ERISA Litigation

Type: Notable Cases

Case Number: 08 Civ. 5722

Stock Symbol: NYSE: AIG

Court: United States District Court for the Southern District of New York

Settlement Amount: $4,000,000

Wolf Popper LLP filed a lawsuit in U.S. District Court for the Southern District of New York on behalf of participants or beneficiaries of the American International Group, Inc. ("AIG" or the "Company") Incentive Savings Plan (the "Plan") for violations of the federal pension law (ERISA) in connection with the loss of value in AIG stock (NYSE: AIG) acquired and held by present and former employees of AIG through the Plan. The goal of this litigation is to recover damages sustained by the participants or beneficiaries of the Plan.
 

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