Legal Opinion
American International Group, Inc. v. Greenberg
Court of Chancery of Delaware
Decided February 10, 2009No. C.A. 769-VCSPublishedCited by 164 opinions
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
I. Introduction
In the derivative portion of this action, stockholder plaintiffs (the “Stockholder Plaintiffs”) seek to recover funds to make American International Group, Inc. whole for harm it suffered when it was revealed that the corporation’s financial statements were materially misleading and overstated the value of the corporation by billions of dollars. According to the Stockholder Plaintiffs, the false financial statements did not come about inadvertently, but were the consequence of intentional misconduct by AIG’s top managers.
Indeed, it does not…
2Cases cited81 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- Hirsch v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1995
76 more not listed; retrieve them via the Exa API.
3Cited by164 opinions
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- Kirschner v. KPMG LLPNew York Court of Appeals · 2010
- Boilermakers Local 154 Retirement Fund v. Chevron Corp.Court of Chancery of Delaware · 2013
- Official Committee of Unsecured Creditors of Fedders North America, Inc. Ex Rel. Debtors' Estates v. Goldman Sachs Credit Partners L.P. (In Re Fedders North America, Inc.)United States Bankruptcy Court, D. Delaware · 2009
- In re Wayport, Inc. LitigationCourt of Chancery of Delaware · 2013
159 more not listed; retrieve them via the Exa API.