A former attorney for American International Group (AIG) and a current Softbank compliance executive has alleged in a federal whistleblower lawsuit that AIG fired him after he complained about fraudulent activity related to an attempt to spin off a separate legal services company.
Aaron Katzel, an attorney who worked at AIG for 10 years and was the head of the company’s Legal Operations Center (LOC), filed the complaint last week (Sept. 3) in U.S. District Court, Southern District of New York (SDNY). In the lawsuit, Katzel says he was fired in 2017 after alerting AIG’s compliance department of “corporate fraud, malfeasance, and numerous internal control weaknesses.”
