American International Group, Inc. Retirement Accounts Reeling After Company’s Historic Loss

NEW YORK, June 9, 2008 (LAWFUEL) — A month after American
International Group, Inc. (AIG) announced a record quarterly net loss
of close to $8 million, AIG’s employees and investors continue to face
significant losses and uncertainty. On Friday, AIG shares continued
their now year-long slide to close at a new low of $33.93 per share.
The market price of AIG shares has declined $38.68 per share since June
19 of last year, or 53.27%.

The record quarterly loss was triggered by a $9.11 billion write-down
on a credit derivatives portfolio. Mounting losses on the company’s
assets and insurance products tied to the residential mortgage market
continue to hurt employees and investors’ holdings in AIG.

Scott+Scott is investigating possible claims on behalf of AIG employees
and pension plan participants, including 401(k) participants, against
the company for alleged violations of the Employee Retirement Income
Security Act (ERISA). If you are an employee of AIG and wish to discuss
this notice or your rights, please contact Scott+Scott
(scottlaw@scott-scott.com, (800) 404-7770, (860) 537-5537 or visit the
Scott+Scott website, http://www.scott-scott.com) for more information.
There is no cost or fee to you.

Scott+Scott is a law firm with significant experience in prosecuting
investor and employee class actions. The firm currently is litigating
major securities, antitrust and employee retirement plan actions
throughout the United States and represents pension funds, foundations,
individuals and other entities worldwide.


HP and Acer Settle Patent Litigation

PALO ALTO, Calif.–LAWFUEL – Legal Newswire – HP (NYSE:HPQ) today announced that it has settled all ongoing patent litigation with Acer.

The confidential settlement agreement resolves all claims asserted in three federal court lawsuits and two United States International Trade Commission investigations between the parties. As a result of the settlement agreement, each action will be dismissed as to the parties.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $110.4 billion for the four fiscal quarters ended April 30, 2008. More information about HP is available at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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