January 10, 2013 at 11:12 AM EST
American International Group (AIG) falls on lawsuit news
Normal 0 false false false MicrosoftInternetExplorer4 American International Group Inc. (NYSE: AIG) shares fell 0.5% to $35.58. AIG said Wednesday that it won’t join a multibillion-dollar lawsuit against the U.S. government filed by Hank Greenberg, a former AIG chief executive. There had been sharp criticism earlier in the week due to reports AIG would join that lawsuit. Greenberg’s Starr International Co. alleges terms of the government’s bailout of the insurer were unfavorable. Share volume was 774,000, compared to an all-day average of 3.9 million st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}
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