U.S. investigators are probing the former head of American International Group Inc's (AIG.N) Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.
The source said that a grand jury may be impaneled this month in New York to consider potential charges that executives failed to disclose the value of toxic assets to the bailed-out insurance company's outside accountants and shareholders.
U.S. probes AIG executives: source
:quality(75):no_upscale():strip_exif()/https%3A%2F%2Fs3.us-east-1.amazonaws.com%2Fpocket-curatedcorpusapi-prod-images%2F7c0bc573-c0eb-4e8a-ad1a-38f082160f34.jpeg)
In a dramatic conclusion to a trial that has gripped, saddened and divided the nation, the...
At about 8:30 p.m. on Oct. 17, 2023, Fraser Bohm had just picked up an order...
