Cases

Marsh & McLennan

G&E represented public pension funds as lead plaintiffs in this federal securities class action alleging that Marsh & McLennan and its officers, directors, auditors, and underwriters participated in a fraudulent scheme involving bid-rigging and secret agreements to steer business to certain insurance companies in exchange for kick-back commissions. After five years of litigation, G&E achieved a $400 million settlement on behalf of the class.

Company
Marsh & McLennan
Case Name
In re Marsh & McLennan Securities Litigation
Recovery Amount
$400 Million
Court
Southern District of New York

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