ALBANY – New York’s solicitor general insisted this week that the state’s civil fraud case against Maurice “Hank” Greenberg and another former American International Group executive remains viable, despite settlements reached in federal court with AIG and its shareholders in 2013.
Solicitor General Barbara Underwood argued before the Court of Appeals Tuesday that the $115 million settlements do not preclude the state from seeking disgorgement against Greenberg and former AIG financial chief Howard Smith in People v. Greenberg, 90.
