AIG Trading Group

  • ROBERT FEILBOGEN,
    Plaintiff,
    ROBERT FEILBOGEN v. AIG TRADING GROUP INC. and AIG FINANCIAL PRODUCTS CORP., Defendants. – No. 3:03CV1624(DJS) 
    • ecf.ctd.uscourts.gov/cgi-bin/show_public_doc?2003cv1624-60
    • In early 2003, the decision was made to integrate the operations of Trading into AIGFP.  (p9)
    • In March or April of 2003, Feilbogen traveled to London to meet with Joe Cassano, the Chief Executive Officer of AIGFP, to discuss the integration of Trading into AIGFP
  • On July 9, 2003, Cassano sent a letter to Feilbogen, stating as follows:
    • [a]s we have previously advised you, we have discussed your position with John Finigan, among others, and it is clear that, contrary to the assertions in your e-mail, you were not given a 2003 guarantee. This conclusion is of course consistent with Trading Group’s Policy Manual, by which you agreed in writing to be bound. The Policy Manual clearly states that, absent a written contract to the contrary, no employee has any entitlement to a bonus until it is actually received.  (p11)
  • On April 28, 1997, Feilbogen signed an Acknowledgment of Compliance with Policy Manual, after being provided with an opportunity to read it.  (p12)