Request Legal Help Now - Free

Advertisement
LAWSUITS NEWS & LEGAL INFORMATION

$435 Million Settlement Reached in Marsh and McLennan Securities Class Action


This is a settlement for the Securities/Stock Fraud lawsuit.

New York, NY: Marsh and McLennan (M&M), has agreed to a settle a shareholder class action for $435 million. The settlement is tentative, as it remains subject to court approval.

One of the world's largest insurance brokerages, M&M was accused in the lawsuit of bid rigging and price fixing of its insurance contracts.

The settlement will see $400 million go to ending the securities litigation and $35 million to settle another suit related to alleged violations of the Employee Retirement Income Security Act (ERISA).

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Nov-13-09


ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free