$800M fund established for AIG victims
The Fair Fund distribution concludes the saga that began when the insurer was accused of falsifying financial statements.
The Securities and Exchange Commission today announced an $800 million Fair Fund for wronged investors of American International Group Inc.
The fund is for investors who bought New York-based AIG’s common stock between Feb 8, 2001, and March 31, 2005, and either sold at a loss after Feb. 14,
Learn more about reprints and licensing for this article.