Article: New York AG Spitzer sues ex-NYSE head Grasso over pay.

Byline: Miriam Hill

NEW YORK _ New York Attorney General Eliot Spitzer filed suit Monday against former New York Stock Exchange Chairman Richard Grasso, calling his pay "wholly inappropriate and illegal" and demanding that he return $100 million.

The lawsuit also names Kenneth Langone, the former head of the exchange's compensation committee and a co-founder of Home Depot Inc.

Grasso resigned in September after furor erupted over disclosure of his $187.5 million pay package. Monday, he said in a statement that he was disappointed that Spitzer had intervened in what Grasso said was a private dispute between him and his employer.

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