Welcome to the AIG Securities Litigation - PwC Settlement website.

To visit the AIG Securities Litigation - Company Settlement website please click here.

To visit the AIG Securities Litigation - Starr Defendants Settlement website please click here.

To visit the AIG Securities Litigation - Gen Re Settlement website please click here.

The following is a summary of information presented in more detail in the Notice of Proposed Settlement, Motion for Attorneys' Fees and Expenses Award and Fairness Hearing (the "Notice"), which Class Members should have received in the mail, and which you can access by clicking on the box with that name to the left. Since this is just a summary, you should see the full Notice for additional details.

As previously announced, a $97.5 million Settlement between the Lead Plaintiff and defendant PricewaterhouseCoopers LLP ("PwC Settlement") has been approved. The Court held a hearing on November 30, 2010, at 3:00 p.m., at the United States District Court for the Southern District of New York, United States Courthouse, 500 Pearl Street, New York, New York 10007. At the hearing, the Court approved the Agreement of Compromise and Settlement in the action as fair, reasonable, adequate and in the best interests of the Class Members. A final judgment was entered by the Court on December 2, 2010. Please see the links to the left for downloadable copies of certain relevant documents. The deadline for submitting claims, exclusion requests and objections has passed.

Terms of the Settlement

In exchange for the Settlement and dismissal of the Released Claims, PwC agreed to fund a $97.5 million (before interest) account that was divided, after deduction of Court-awarded attorneys' fees and expenses, Lead Plaintiff expenses, Notice and Administrative Expenses, and any applicable taxes, ("Distribution Amount") among all Class Members who timely submitted valid Proof of Claim forms that showed a Recognized Loss. Your share of the fund depended on several things, including: (1) the amount of Recognized Losses of other Class Members who filed valid Proofs of Claim; (2) how many AIG Securities you bought; (3) how much you paid for them; (4) the type of security bought; (5) when you bought them; (6) whether or when you sold them (and, if so, for how much you sold them).

Your Recognized Loss was calculated according to the formula shown in the Plan of Allocation. It is unlikely that you got a payment for your entire Recognized Loss, given the number of potential Class Members with Recognized Losses. The payment you got was a portion of the Distribution Amount equal to your Recognized Loss divided by the total of all Class Members' Recognized Losses and multiplied by the total Distribution Amount. (See the Plan of Allocation in the Notice for more information.)

Further Information

Further information regarding the Litigation, the Notice and your Proof of Claim form may be obtained by contacting the Administrator or reading the through the Notice link at the left.