21 maggio 2008 / 04:36 / 10 anni fa

Former AIG chief Greenberg may face SEC civil charges - WSJ

May 21 (Reuters) - Maurice “Hank” Greenberg, former chief executive of American International Group Inc (AIG.N), may face civil charges for his alleged role in an effort to improperly boost the insurer’s financials, the Wall Street Journal reported Wednesday.

Greenberg received a “wells notice” from the Securities and Exchange Commission on Friday and may face charges over his role in transactions between AIG and Berkshire Hathaway’s (BRKa.N) (BRKb.N) General Re unit, the newspaper said.

Greenberg was confident of his position on merits, the newspaper quoted Greenberg’s lawyer as saying. (Reporting by Neha Singh in Bangalore; Editing by Kim Coghill)

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