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AIG Escapes Ill. Pension Fund's Securities Fraud Suit

By Shayna Posses ( August 8, 2016, 8:13 PM EDT) -- An Illinois pension fund on Friday dropped its New York federal court claims against American International Group Inc. and several executives alleging the insurer schemed to artificially inflate the value of its securities while concealing a risky portfolio that led to a dramatic drop in its stock price....

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