3 Former Marsh Execs Acquitted In Antitrust Case

Law360, New York (October 26, 2009, 8:10 PM EDT) -- A New York State Supreme Court judge acquitted three former Marsh Inc. executives of bid-rigging, price-fixing and other charges Monday after a nearly yearlong trial.

The three men — including Joseph Peiser, the former managing director and head of Marsh's global broking excess casualty unit, who was the highest ranking executive to be charged in the case — were found not guilty.

“The prosecution's case was basically built upon exaggerations and fabrications by cooperating witnesses, and snippets of e-mails that were taken out of context,” said...
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