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</font></font></td> </tr> </table> <hr> <font FACE='Garmond,Helvetica,Times' size=2 color=#330066> <BR> <B>SETTLEMENT NEWS:</B><BR> <BR> <B>Ohio AG Announces $72M Securities Settlement</B><br>Staff Writer - The Associated Press<br><br>BusinessWeek. February 26, 2009</font><BR> <font face='Garmond,Helvetica,Times' size=1 color='#330066'> _________________________________________________________________________ </font> <BR><BR> <font face='Garmond,Helvetica,Times' size=2 color='#330066'> <!--PASTE ON THE LINE BELOW-->Ohio Attorney General Richard Cordray says reinsurance giant General Reinsurance Corp. has agreed to pay $72 million to settle investors' claims. The deal stems from a securities lawsuit brought by Ohio against failed insurance company American International Group Inc. Cordray says General Reinsurance allegedly participated in a fraudulent $500 million reinsurance transaction that misled shareholders by helping AIG inflate its reserves against losses. The attorney general's office brought the suit on behalf of the Ohio Public Employees Retirement System, State Teachers Retirement System and Ohio Police and Fire Pension Fund, which bought AIG securities between 1999 and 2005. In October, PricewaterhouseCoopers LLP agreed to a $97.5 million with Ohio as part of the AIG case.<!--PASTE ON THE LINE ABOVE--> </font> </td> </tr> </table> <TABLE witdh=100% align='left' valign='top'> <BR> <font FACE='Garmond,Helvetica,Times' size=1 color=#330066> Back to <A HREF='/news.html'> <font FACE='Garmond,Helvetica,Times' size=1 color=#330066> News</font></A>&nbsp;page | <font FACE='Garmond,Helvetica,Times' size=1 color=#330066> Back to <A HREF='/news-archive/2009/list-index.html'> <font FACE='Garmond,Helvetica,Times' size=1 color=#330066> Archived News 2009</font></A>&nbsp;page | <font FACE='Garmond,Helvetica,Times' size=1 color=#330066> Back to <A HREF='#top'><font FACE='Garmond,Helvetica,Times' size=1 color=#330066> Top</font></A>&nbsp; <!--we may use this space--> </font></font></font></TABLE><BR> </td> </tr> </table> <BR> </TD> </TR></TABLE> <BR> </BODY></HTML>