AIG Reaches $150M Derivative Suit Settlement

By Shannon Henson ( August 27, 2010, 3:30 PM EDT) -- American International Group Inc. has won $150 million in a settlement that ends a long-standing shareholder derivative suit, with former AIG honchos Maurice "Hank" Greenberg and Howard I. Smith receiving $60 million from the total to cover their legal fees and expenses....

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