AT&T, Cingular Settle With Marsh In Bid-Rigging MDL

Law360, San Francisco (May 13, 2011, 12:21 PM EDT) -- AT&T Wireless Services Inc. and New Cingular Wireless Headquarters LLC buried the hatchet Thursday with Marsh & McClennan Cos. Inc. in a long-running multidistrict litigation in New Jersey accusing scores of companies of engaging in bid-rigging to inflate policyholders' premiums.

The suit is part of litigation that dates back to October 2004, when then-New York Attorney General Eliot Spitzer sued former Marsh executives for allegedly soliciting fixed bids from insurance companies and receiving improper payments for directing customers to those companies.

U.S. District Judge Garrett Brown...
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