(Reuters) – Maurice "Hank" Greenberg, the former American International Group Inc. chief executive, has more than doubled the size of his class-action lawsuit against the United States over the insurer's bailout to roughly $55.5 billion from $25 billion.
In an amended complaint filed late Monday in the U.S. Court of Federal Claims, Greenberg's Starr International Co said it is now seeking damages over Maiden Lane III LLC, a vehicle designed to rid banks of toxic debt underlying transactions with AIG.
The claims are in addition to claims that Starr previously asserted over the government's taking of a 79.9 percent stake in AIG in September 2008, which was eventually swapped for 562.9 million common shares.
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