Litigation
Apr. 26, 2012
AIG files trade secrets lawsuit in LA
Insurance giant American International Group Inc. filed a lawsuit in Los Angeles County Superior Court on Tuesday, alleging the ex-chief executive officer of its aircraft-leasing business stole trade secrets and other confidential information in order to set up his own company.
By Ciaran McEvoy
Daily Journal Staff Writer
Insurance giant American International Group Inc. filed a lawsuit in Los Angeles County Superior Court on Tuesday, alleging the ex-chief executive officer of its aircraft-leasing business stole trade secrets and other confidential information in order to set up his own company.
The complaint alleges that Steven Udvar-Hazy, his new business, Air Lease Corp., and several former AIG executives who joined it engaged in a "the...
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