Snowflake Needs A New Pair Of Shoes

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American International Group Inc., which reported the biggest loss by a publicly traded U.S. firm, was sued for securities fraud by former Chief Executive Officer Maurice "Hank" Greenberg.
Greenberg filed his suit today in Manhattan federal court, saying the company's "material misrepresentations and omissions" caused him to acquire AIG shares in his deferred compensation profit participation plan at an inflated valued.

Maurice Greenberg Sues AIG, Saying Its Shares Were 'Inflated' [Bloomberg]

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