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Post date: September 7 2006

Amended Complaint Filed In Greenberg Case

Attorney General Spitzer’s office today filed an amended complaint in the case against former AIG Chair Maurice R. Greenberg.

The amended complaint removes two of seven claims that were originally filed against Mr. Greenberg in May 2005. The two charges removed involve issues that have since been resolved by a $1.6 billion settlement with AIG in February of this year.

David Brown IV, Chief of the Investment Protection Bureau, described the action as routine. "These changes are housekeeping matters that will streamline the case as we prepare for trial. They have no bearing on the core of our claims against Mr. Greenberg."

Greenberg and AIG’s former Chief Financial Officer, Howard Smith, are accused of fraud and other charges stemming from their role in sham transactions involving the General Reinsurance Company and other companies.

The amended complaint was filed today in State Supreme Court in Manhattan.Attachments:

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