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California Supreme Court

Feb. 24, 2012

Court declines to reopen AIG lawsuit

The state Supreme Court on Wednesday turned down a former federal prosecutor's request to resurrect a lawsuit against insurance giant American International Group Inc. for its role in the subprime mortgage meltdown.


By Laura Ernde


Daily Journal Staff Writer


The state Supreme Court Wednesday turned down a former federal prosecutor's request to resurrect a lawsuit against insurance giant American International Group Inc. for its role in the subprime mortgage meltdown.


Michael Aguirre, a partner at Aguirre Morris & Severson LLP, had filed suit under the state's Unfair Competition Law on behalf of financial planners and others who invested in AIG ...

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