 In 1920, Berthold Hochschild was appointed chairman of the board with Loeb as president and various investors as vice presidents including Otto Sussman, Henry Bruère, Harold K. Hochschild, Carl's brother Julius Loeb, and Vogelstein.Later, Andrew Mellon joined the board to represent the government's interest.In 1921, Richard Merton filed a claim with the government asserting that the confiscation of AMCO shares was unlawful as the shares had been transferred to a Swiss subsidiary before the U.S. involvement in World War I; he also bribed some government officials to assist in his recovery.