Aig Sues Air Lease, Alleging Theft Of Company Secrets

Insurance giant AIG contends that the former head of its aircraft leasing business, L.A. billionaire Steven Udvar-Hazy, wooed away customers and pilfered business deals after he started competing firm Air Lease Corp.Troubled insurance giant American International Group Inc. filed a lawsuit against the former head of its aircraft leasing business, Steven Udvar-Hazy, contending the Los Angeles billionaire stole company secrets, wooed away customers and pilfered business deals after he started a competing firm in 2010.

 

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