AIG (AIG) Moves Higher in Mid-Day Trading, Seeks to Dismiss Greenberg Suit

April 8, 2013 2:29 PM EDT
Shares of AIG (NYSE: AIG) moved higher mid-day on Monday. Reports say the insurance company asked a court to block former CEO Hank Greenberg's efforts to sue the government, warning it could cause a backlash and harm business. Greenberg is suing the government on AIG's behalf, claiming the company was unfairly compensated during the government's bailout.

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