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AIG, US Say Starr Lacks Standing In $56B Suit Over Bailout

By Stewart Bishop ( April 8, 2013, 4:08 PM EDT) -- American International Group Inc. and the U. S. on Friday asked a federal judge to dismiss claims from Starr International Co. 's $55. 5 billion shareholder suit against the U. S. government over AIG's bailout, arguing Starr lacks standing as it can't show that AIG's board wrongfully rejected its demand to prosecute the action. . . .

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