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 In the season finale of the ongoing soap opera between American International Group Inc. (NYSE:AIG) and its former CEO Maurice "Hank" Greenberg, a jury ruled in favor of the deposed CEO, settling the case between AIG and Starr International ... for now. The eight-person jury found that Greenberg "did not breach a trust when it ended an executive retirement scheme at the insurer more than four years ago," according to a report by Reuters. The lawsuit began with a complaint filed by Mr. Greenberg, saying that AIG was holding an art collection that belonged to Starr International. AIG counter-sued Greenberg, claiming he sold stock worth millions that was intended for employees' retirements. According The New York Times: "Mr. Greenberg and his lawyers said that those A.I.G. shares -- owned by Starr International, a privately held company, of which he is chairman -- were not held in a trust at all. As Starr's chairman, they say, Mr. Greenberg had the authority to sell the shares and invest the proceeds in new offshore insurance businesses and in a new charitable arm." U.S. District Court in Manhattan Judge Jed Rakoff will make a final ruling by next month. AIG told the press it was "disappointed" with the verdict. - Maria Woehr
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