Two federal appellate judges in Washington today expressed hesitation about forcing American International Group (AIG) to disclose to Corporate Counsel reporter Sue Reisinger an independent consultant’s reports that addressed compliance with a settlement in 2004 with U.S. securities regulators.
A three-judge panel of the U.S. Court of Appeals for the D.C. Circuit is weighing whether to uphold a trial judge’s ruling that requires AIG to reveal the reports, which the company contends are confidential. U.S. District Judge Gladys Kessler in April ordered the publication of redacted reports, saying the public’s interest “far outweighs” the interests of AIG and the U.S. Securities and Exchange Commission.
