After 12 years of all-out litigation, New York Supreme Court Justice Charles Ramos today is expected to approve a $9 million settlement between former AIG CEO Maurice “Hank” Greenberg and the office of New York Attorney General Eric Schneiderman.
Considering that New York prosecutors originally sought an eye-popping $6 billion, Greenberg and his lawyer, David Boies of Boies Schiller Flexner, can justifiably claim the deal as a win.
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