The trial of three former General Re and one former AIG official, stemming from a finite insurance deal alleged to have been used to inflate AIG's earnings, has been moved to Connecticut from Virginia, meaning the trial most likely will be delayed from its current May 22 start date.
Federal District Court Judge Gerald Bruce Lee, of the eastern district of Virginia in Alexandria, signed an order March 30 moving the trial to Connecticut–likely New Haven or Bridgeport.
The defendants, former Gen Re executives Ronald Ferguson, Elizabeth Monrad and Robert Graham, and former AIG executive Christian Milton, were indicted Feb. 16 in Norfolk, Va.
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