Counsel Anastasia Kelly investigated for threat to quit
AIG investigated its general counsel Anastasia Kelly who with four other executives threatened to resign over federal pay curbs, the Wall Street Journal reports.
Kelly had told other executives how to protect their rights to collect severance benefits. Kelly declined to comment. Questions have arisen within AIG about whether Kelly was acting in her own interests or in the company's interests, the WSJ reports.
The investigation’s outcome and conclusions aren't known.
Good reason to quit
Kelly and four other executives informed AIG in written notices on 1 December that they believed they had "good reason" to resign and collect severance benefits they were entitled to if their pay was cut significantly.
Kelly helped the group arrange for outside counsel to advise them, a spokesman for her said earlier this month.
The four executives, who work at AIG's insurance and financial-services units, have withdrawn their notices to the company, leaving only Kelly's outstanding.
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