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07/26/2010 10:01:00 AM EST

Weekly LexisNexis Video News Update - July 26, 2010

Posted by

Corporate & Securities Law Community Staff

Among the stories on this video edition of LexisNexis Legal News, American International Group has agreed to pay $725 million to resolve a class action brought against it by investors who allege that the company engaged in bid-rigging and accounting improprieties, and Goldman Sachs has agreed to pay $550 million in penalties and to change its business practices to settle allegations the company misled investors in a subprime mortgage product.

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