New York's highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International Group Inc.
New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Greenberg, 88, banned from the securities industry and from being a director or officer of a public company.
David Boies, a prominent lawyer who represents Greenberg, said he would argue at Tuesday's hearing for a dismissal of the lawsuit.
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