NEW YORK (Reuters) - New York State's highest court could hear securities fraud charges against former American International Group chief Maurice “Hank” Greenberg and the insurance company's former chief financial officer, Howard Smith.
In a single-sentence order, the state's appellate division on Tuesday granted a motion by Greenberg and Smith to appeal its May 8 decision to send the case to trial.
The charges under one of New York's toughest laws, the 90-year-old Martin Act, may now be heard by the Court of Appeals, the state's highest court.
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