American International Group, Inc. v. Greenberg
965 A.2d 763 | Court of Chancery of Delaware | 2009
Holding Summary
Court denies motions to dismiss breach of fiduciary duty claims against Greenberg and Inner Circle defendants, finding well-pleaded allegations of pervasive financial fraud at the highest levels of AIG.
A plausible inference arises that Greenberg and the Inner Circle Defendants themselves inspired and oversaw a business strategy premised in substantial part on the use of improper accounting.
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