KUWAIT INV. OFFICE v. AMERICAN INTERN. GROUP, INC.

Nos. 11 CV 8403-LTS-DCF, 15 CV 774-LTS-DCF, 14 CV 1270-LTS-DCF, 13 CV 6565-LTS-DCF, 13 CV 3377-LTS-DCF, 15 CV 957-LTS-DCF.

128 F.Supp.3d 792 (2015)

KUWAIT INVESTMENT OFFICE, Plaintiff, v. AMERICAN INTERNATIONAL GROUP, INC. et al., Defendants. Teachers Retirement System of the State of Illinois, Plaintiff, v. American International Group Inc. et al., Defendants. GIC Private Limited, Plaintiff, v. American International Group Inc., Defendant. The Regents of the University of California, Plaintiff, v. American International Group Inc. et al., Defendants. Lord Abbett Affiliated Fund Inc. et al., Plaintiffs, v. American International Group Inc. et al., Defendants. General Electric Pension Trust et al., Plaintiffs, v. American International Group Inc., Defendant.

United States District Court, S.D. New York.

Signed September 10, 2015.


Attorney(s) appearing for the Case

Kirby McInerney LLP By: Ira M. Press, Esq. , Meghan J. Summers, Esq. , New York, NY, for Plaintiff GIC Private Limited.

Lieff Cabraser Heimann & Berstein LLP, by Michael J. Miarmi, Esq. , Steven E. Fineman, Esq. , Daniel P. Chiplock, Esq. , Nicholas Diamand, Esq. , Douglas I. Cuthbertson, Esq. , New York, NY, Richard M. Hiemann, Esq. , Joy A. Kruse, Esq. , Bruce W. Leppla, Esq. , San Francisco, CA, for Plaintiff the Regents of the University of California.

Boies, Schiller & Flexner LLP by Jonathan D. Schiller, Esq. , New York, NY, for Plaintiff Kuwait Investment Authority.

Robbins Geller Rudman & Dowd LLP by Theodore J. Pintar, Esq. , Darren J. Robbins, Esq., Thomas E. Egler, Esq. , Susannah R. Conn, Esq. , San Diego, CA, Samuel H. Rudman, Esq. , Melville, NY, for Plaintiff Teachers Retirement System of the State of Illinois.

Abraham Fruchter & Twersky LLP by Michael M.Z. Twersky, Esq. , Atara Hirsch, Esq. , New York, NY, Ian Berg, Esq. , Takeo Kellar, Esq. , San Diego, CA, for Plaintiffs General Electric Pension Trust, GE RSP U.S. Equity Fund, GE Institutional Funds, GE Investment Funds, Inc., Elfun Trusts, Lord Abbett Affiliated Funds, Inc., Lord Abbett Series Fund, Inc.-Classic Stock Portfolio, Lord Abbett Research Fund, Inc.-Lord Abbett Calibrated Dividend Growth Fund, Lord Abbett Securities Trust-Lord Abbett Fundamental Equity Fund, Lord Abbett Global Fund, Inc.-Lord Abbett Multi-Asset Global Opportunity Fund, Lord Abbett Series Fund, Inc.-Growth & Income Portfolio.

Weil, Gotshal & Manges LLP by Joseph S. Allerhand, Esq. , Robert F. Carangelo, Esq. , Stacy Nettleton, Esq. , New York, NY, Attorney for Defendants American International Group, Inc., David Herzog and Edmund Tse.

Paul Weiss, Rifkind, Wharton & Garrison LLP by Richard A. Rosen, Esq. , Brad S. Karp, Esq. , New York, N.Y. Charles E. Davidow, Esq. , Washington, DC, for Underwriter Defendants.

Akin Gump Strauss Hauer & Feld LLP by Robert H. Pees, Esq. , Jamison A. Diehl, Esq. , New York, NY, for Defendant Martin J. Sullivan.

Mayer Brown LLP by Richard A. Spehr, Esq. , Joseph De Simone, Esq. , Bradford Jealous, III , New York, NY, for Defendant Steven J. Bensinger.

Gibson, Dunn & Crutcher LLP by Lee G. Dunst, Esq. , New York, NY, for Defendant Joseph Cassano.

Latham & Watkins LLP by Richard D. Owens, Esq. , Paul A. Serritella, Esq. , New York, NY, for Defendant Andrew Forster.

Milbank, Tweed, Hadley & McCloy LLP by Dorothy Heyl, Esq. , New York, NY, for Defendant Alan Frost.

Willkie Farr & Gallagher LLP by Michael R. Young, Esq. , Antonio Yanez Jr., Esq. , New York, NY, for Defendant Robert Lewis.

Simpson Thacher & Bartlett LLP by Paul C. Curnin, Esq. , Michael J. Garvey, Esq. , Craig S. Waldman, Esq. , New York, NY, Attorneys for Defendants Stephen F. Bollenbach, Marshall A. Cohen, Martin S. Feldstein, Ellen V. Futter, Stephen L. Hammerman, Richard C. Holbrooke, Fred H. Langhammer, George L. Miles, Jr., Morris W. Offit, James F. Orr III, Virginia M. Rometty, Michael H. Sutton, Robert B. Willumstad, and Frank G. Zarb.


OPINION

Plaintiffs in the above-captioned cases are investors who opted out of the class and settlement in In re American International Group, Inc. 2008 Securities Litigation, No. 08-CV-4772 (the "Class Action") and, at various times, filed individual actions for damages against the Defendants...

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