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AIG's Most Recent Courtroom Win

By Jessica Alling - Apr 24, 2013 at 1:41PM

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NYSE: BAC

Bank of America Corporation

Market Cap

$254B

Today's Change

(1.38%) $0.43

Current Price

$31.56

Price as of July 1, 2022, 4:00 p.m. ET

With a new judgement in its favor, AIG is moving ahead full-steam in the courtroom.

It's been a tough road for AIG (AIG 1.74%), with the insurer taking a beating that's lasted a solid five years. But now that the company is back on its feet and operating on a better scale, it's focus may be more on recovering some of its losses. With that in mind, the insurer is back on track in its $10 billion case against Bank of America (BAC 1.38%). A recent judgement put the case back in action, and in the video below, Motley Fool contributor Jessica Alling will discuss what the judgement means and why investors should pay attention.

Stocks Mentioned

Bank of America Corporation

BAC

$31.56 (1.38%) $0.43

American International Group, Inc.

AIG

$52.02 (1.74%) $0.89

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