Activist group Freedom Watch said shareholders of American International Group (AIG) have filed a class action lawsuit intended to force directors of the group to pay themselves pay back the "bonuses, dividends and other perks" paid to themselves and other officials. The lawsuit also seeks to recover the losses of shareholders.
(MarketWatch)
This should be fun! Will be costly all round but should wipe the smiles off the faces of those incompetent and greedy executives.
Showing posts with label american international group. Show all posts
Showing posts with label american international group. Show all posts
27 Mar 2009
AIG Directors Face Class Action
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