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|San Francisco City Attorney Sues AIG Over Losses to Pension System|
San Francisco Chronicle
May 17, 2005
Excerpt: San Francisco City Attorney Dennis Herrera sued embattled insurer American International Group and its former top executives on Monday, blaming securities fraud for the stock market loss of more than $4.2 million to the San Francisco Employees' Retirement System. The suit was filed in U.S. District Court in New York, where AIG is under investigation by state Attorney General Eliot Spitzer and the Securities and Exchange Commission for its accounting practices.
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