The board of American International Group will consider on Wednesday joining a lawsuit filed by former chairman Maurice "Hank" Greenberg that argues that the government was unfair to AIG shareholders when it bailed out the insurance giant in 2008.
Lawyers for Greenberg at Boies, Schiller & Flexner LLP, in New York, lawyers for the Federal Reserve Bank of New York at Debevoise & Plimpton, and lawyers for the Treasury Department will make presentations on both sides of the issue.
Officials at AIG and the New York Fed confirmed that they will appear at the meeting,
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