American international group said on Tuesday, its board of directors will weigh whether to more than $182 billion rescue insurance company shareholder litigation against the government.
If AIG decided to join the complaints, for $2.5 billion in damages, which will pit company for the government can save it in 2008 years of huge losses of mortgage-backed securities and other toxic assets under the pressure of collapse.
AIG said its directors will meet on Wednesday, the end of the month should have a decision.
Starr international companies, investment companies, AIG former CEO Maurice night, November 2011, a lawsuit on behalf of the company and the shareholders of AIG.
In New York city in the southern part of the country the United States federal court of claims and the federal district court make a complaint, said the government has no compensation shareholders quite, the underwriter spent nearly 80% of the shares, as a part of the rescue plan. As a result, the government violated the constitution, starr said.
AIG said, law, the board of directors of the company must consider three options: take over the case, the pursuit of its own claim, tried to prevent is the pursuit of the Starr claim; Or, let starr, in order to continue the pursuit of AIG representative complaints.
The underwriter points out, if decided to don't let starr continue its claim to the company's representative, starr may challenge the move. In this case, if starr won the lawsuit, AIG will not collect any loss or part of a potential solution to the.
Claim by the U.S. federal court refused to dismiss a lawsuit request, this means that the forward, no matter the participation of AIG.
The government to save AIG in September of 2008, in the depths of the financial crisis. New York company business, and hundreds of all over the world enterprise and government officials worry that it will damage the collapse of the financial system.
In short, AIG's rescue Wall Street rescue the city plan is the biggest.
Since the financial crisis since, AIG has been restructuring, cut nearly half size. Its purpose is to focus on insurance as the core business of the company.
In November, AIG announced third quarter earnings nearly $20 billion in its insurance business and return on investment intensity. Compared with the same period last year, the loss is as much as $40 billion.
The ministry of finance announced last month, the company to sell the remaining shares of AIG, over us $22.7 billion or more funnel height, in the process of the financial crisis.
, AIG shares closed down on Tuesday and cents at $35.65. However, in the past 12 months, the stock rose more than 50%.



Other News:
Russia investigates horrific 'zorb' ride death
Japan OKs over $224B in fresh economic stimulus
AIG board weighing joining suit against US
Kashmir shooting: India's Kurshid warns on escalation
Warner wins legal victory for control of Superman
Cooler weather brings relief to fire-ravaged Australia
Enthusiastic welcome for seized Argentina ship
Ex-Abu Ghraib inmates get $5m settlement from US firm