Antitrust Litigation Trends: Financial Services

Law360, New York (February 14, 2007, 12:00 AM EST) -- Facing a stack of suits by employees in the fallout of an alleged bid-rigging and price-fixing scandal, leading insurance broker Marsh & McLennan Cos (MMC) tops our survey of the 50 biggest financial services firms involved in antitrust litigation in 2006.

The survey shows the scandal, which put dozens of insurance firms under a cloud over claims they used contingent commissions to reward brokers for bringing in business, had an impact on an industry historically unfamiliar with claims of anti-competitive action.

The slew of suits was...
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