• Company
  • Description
  • Recovery Amount
  • Marsh & McLennan
  • In re Marsh & McLennan Securities Litigation
  • $400 million

 

Southern District of New York

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.