In re AIG 2008 Securities Litigation – SDNY Opinion Denying Defendants’ Motions to Dismiss

In re AIG 2008 Securities Litigation – SDNY Opinion Denying Defendants’ Motions to Dismiss

September 27, 2010

Only the Westlaw citation is currently available.

United States District Court,

S.D.New York.

In re AMERICAN INTERNATIONAL GROUP,

INC.2008 SECURITIES LITIGATION.

This Document Relates To: All Actions.

Master File No. 08 Civ. 4772(LTS).

Sept. 27, 2010.

Barrack, Rodos & Bacine, by: Leonard Barrack, Esq., Jeffrey W. Golan, Esq. (pro hac vice), M. Richard Komins, Esq., Robert A. Hoffman, Esq., Lisa M. Lamb, Esq., Julie B. Palley, Esq., Philadelphia, PA, A. Arnold Gershon, Esq., Regina M. Calcaterra, Esq ., New York, NY, The Miller Law Firm, P.C., by: E. Powell Miller, Esq. (pro hac vice), Marc L. Newman, Esq. (pro hac vice), David H. Fink, Esq., Jayson E. Blake, Esq., Brian E. Etzel, Esq., Rochester, MI, for Lead Plaintiff, State of Michigan Retirement Systems, and Lead Counsel for the Putative Class.

Weil, Gotshal & Manges LLP, by: Joseph S. Allerhand, Esq., Robert F. Carangelo, Esq., Paul Dutka, Esq., Stacy Nettleton, Esq., New York, NY, for Defendant American International Group, Inc.¿

Mayer Brown LLP, by: Richard A. Spehr, Esq., Joseph De Simone, Esq., S. Christopher Provenzano, Esq., Bradford Jealous, III, Esq., New York, NY, for Defendant Steven J. Bensinger.

Akin Gump Strauss Hauer & Feld LLP, by: James A. Diehl, Esq., David M. Murphy, Esq., Richard B. Zabel, Esq., One Bryant Park, New York, NY, Wachtell, Lipton, Rosen & Katz, by: David M. Murphy, Esq., Meredith L. Turner, Esq., New York, NY, for Defendant Martin Sullivan.

Wilkie Farr & Gallagher LLP, by: Michael R. Young, Esq., Antonio Yanez, Jr., Esq., Mei Lin Kwan-Gett, Esq., Brian R. Faerstein, Esq., New York, NY, for Defendant Robert E. Lewis. Weil, Gotshal & Manges, LLP, by: Joseph S. Allerhand, Esq., New York, NY, for the Defendant David L. Herzog.

Milbank, Tweed, Hadley & McCloy LLP, by: Andrew E. Tomback, Esq., Dorothy Heyl, Esq., Tamieka Spencer Bruce, Esq., New York, NY, for Defendant Alan Frost.

Latham & Watkins LLP, by: Richard D. Owens, Esq., David M. Brodsky, Esq., Lillian E. Gutwein, Esq., New York, NY, for Defendant Andrew Forster.

Gibson Dunn & Crutcher LLP, by: Lee G. Dunst, Esq., Jim Walden, Esq., Georgia K. Winston, Esq., Julie I. Smith, Esq., New York, NY, for Defendant Joseph Cassano.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, by: Richard A. Rosen, Esq., Brad S. Karp, Esq., New York, NY, Charles E. Davidow, Esq., Washington, D.C., for the Underwriter Defendants.

Cravath, Swaine & Moore LLP, by: Thomas G. Rafferty, Esq., Antony L. Ryan, Esq., Samira Shah, Esq., New York, NY, for Defendant PricewaterhouseCoopers LLP.

Weil, Gotshal & Manges, LLP, by: Joseph S. Allerhand, Esq., Robert F. Carangelo, Esq., Stacy Nettleton, Esq., New York, NY, for Defendant Edmund S.W. Tse.

Simpson Thacher & Bartlett LLP, by: James G. Gamble, Esq., New York, NY, for the Outside Director Defendants.

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