A federal judge in April ordered American International Group Inc. and the Securities and Exchange Commission to make public the corporate monitor reports on AIG leading up to the economic collapse of 2008. But AIG is appealing the order, which was based on a motion seeking access filed by Corporate Counsel senior reporter Sue Reisinger. The ruling is believed to be the first time that a court has ordered the release of a monitor’s reports.
In granting the motion, U.S. District Judge Gladys Kessler of the District of Columbia gave the parties until May 1 to make the reports available, and said that the documents could be redacted to delete AIG’s proprietary information. But when AIG appealed, the judge extended the release date to May 16. Neither AIG nor the SEC responded to messages seeking comment.
