Hartford Business.com
July 05, 2008
Browse News by Topic
- Manufacturing & Technology RSS
- Entrepreneurs & Economy RSS
- Professional Services & Media RSS
- Finance & Real Estate RSS
- Executive Suite RSS
- Opinion & Commentary RSS
- Accolades & More RSS
Data Products
To Do List
- Signup for HBJ Today
- Add a Calendar Item
- Submit News Release
- Advertise in the HBJ
- Subscribe to the HBJ
- 40 Under Forty Nomination
- Business Champions Nomination
- Women in Business Nomination
- Health Care Heroes Nomination
- CFO of the Year Nomination
- Register for the CT Business Expo
- Greater Hartford Guest Guide
- Update your account information
A federal judge has rejected requests to overturn the convictions of five former insurance company executives in a scheme to manipulate the financial statements of the world's largest insurance company.
The defendants, four former executives of General Re Corp. and a former executive of American International Group, were convicted of conspiracy, securities fraud, mail fraud and making false statements to the Securities and Exchange Commission.
The defendants, Ronald Ferguson, Christopher P. Garand, Elizabeth Monrad, Robert Graham, and Christian Milton, are awaiting sentencing.
In denying their motions for acquittal and a new trial, Judge Christopher Droney rejected arguments that the defendants should have been tried separately, that a witness was unreliable, and that AIG's misstatements about its loss reserves were not material to investors.
Read more Professional Services & Media stories