It's been a tough road for AIG (AIG +0.80%), 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 +0.31%). 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.
AIG's Most Recent Courtroom Win
By Jessica Alling – Apr 24, 2013 at 1:41PM
NYSE: BAC
Bank of America
Market Cap
$377B
Today's Change
(0.31%) $0.16
Current Price
$51.64
Price as of November 18, 2025 at 3:59 PM ET
With a new judgement in its favor, AIG is moving ahead full-steam in the courtroom.
About the Author
After receiving the prestigious, if not tongue-in-cheek, "Future Bloodsucker of America" award for winning a stock market challenge in middle school, Jessica knew that her future lay in finance. But when her Finance degree's P/E ratios and other metrics weren't enough, she added a degree in English to her repertoire. Though some questioned the combination, her work with the Fool has clarified the method to her madness to those that couldn't see the connection before. Oh, and she still has that award framed in her office.