Skip to Content

News & Media
Case Updates

Court Grants Final Approval to $40 Million Settlement in AIG II ERISA Litigation

Case Updates | 09/18/15

Related Case: American International Group, Inc. (AIG II) ERISA Litigation

On September 18, 2015, Judge Swain granted final approval to a $40 million settlement in In re American International Group, Inc. ERISA Litig. II, No. 08 Civ. 5722 (LTS) (KNF) (S.D.N.Y. Sept. 18, 2015), noting that in this “extremely complex” litigation, Wolf Popper is “among the premier firms practicing in this area of the law;” that “[Wolf Popper] are themselves very experienced and highly competent securities class action litigators…. [and] are experienced class action litigators [with] strong knowledge of the applicable securities laws and ERISA provisions.”  The Court proceeded to “congratulate the parties on this result, which I think is an excellent one in view of the complexity of the litigation and is an excellent result for the plaintiff class members.  I congratulate you and I thank you.”
 

Contact Instructions

You may share a link to this page on any of the sites listed below or send link via email:

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Notice.

Accept & Hide Message