8-KRegulation FDExhibits & Filings

AMERICAN INTERNATIONAL GROUP, INC. 8-K Report, Regulation FD Disclosure (Oct 20, 2008)

Filed October 20, 2008For Securities:AIG

Summary

This 8-K filing from AMERICAN INTERNATIONAL GROUP, INC. (AIG) on October 20, 2008, primarily serves as a disclosure under Regulation FD regarding a Stipulation of Settlement in a derivative action. The lawsuit, Teachers’ Retirement System of Louisiana v. Aidinoff, et al., was filed in 2002 and concerns certain transactions between AIG and entities affiliated with C.V. Starr & Co., Inc. The key event reported is the entry into a Stipulation of Settlement on September 29, 2008. While this filing does not contain new financial performance data or operational updates, it is important for investors to note the resolution of this long-standing derivative action. The attached exhibits provide the full details of the settlement, which shareholders are being formally notified of through this report. Investors should review the exhibits to understand the terms and implications of the settlement, which could potentially impact the company's legal standing and past corporate governance matters.

Key Highlights

  • 1AIG has entered into a Stipulation of Settlement for the derivative action, Teachers’ Retirement System of Louisiana v. Aidinoff, et al., filed in 2002.
  • 2The settlement addresses transactions between AIG and entities affiliated with C.V. Starr & Co., Inc.
  • 3This filing serves as a formal notice to AIG shareholders regarding the Stipulation of Settlement, as required by Regulation FD.
  • 4The detailed terms of the settlement are provided in Exhibits 99.1 (Stipulation of Settlement) and 99.2 (Notice of the Stipulation of Settlement).
  • 5No new financial results or operational changes are disclosed in this 8-K filing; its focus is purely on the legal settlement.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally disclose to AIG shareholders, under Regulation FD, that the company has reached a Stipulation of Settlement in a derivative lawsuit filed in 2002.

The derivative lawsuit, Teachers’ Retirement System of Louisiana v. Aidinoff, et al., concerned certain transactions that occurred between AIG and entities affiliated with C.V. Starr & Co., Inc.

No, this filing does not include any new financial performance data or updates on AIG's current operations. Its sole focus is on the notification of the Stipulation of Settlement for the derivative action.

More detailed information about the Stipulation of Settlement can be found in Exhibits 99.1 (Stipulation of Settlement) and 99.2 (Notice of the Stipulation of Settlement), which are attached to this 8-K filing.