Claims Dismissed In Insurer Class Action

Law360, New York (April 9, 2007, 12:00 AM EDT) -- A federal judge on Thursday dismissed bid-rigging claims brought against Marsh & McLennan Cos. Inc. and several other insurance brokers and providers in a long-running, multidistrict class action lawsuit.

In almost 100 pages of opinion separately addressing Sherman Act and Racketeering Influence and Corrupt Organization Act violations, Judge Garrett E. Brown, Jr. of the U.S. District Court for the District of New Jersey dismissed all of the plaintiffs' claims without prejudice, finding that they had not submitted enough evidence to prove that the alleged conspiracies between...
To view the full article, register now.

Documents

Related

Sections

Law Firms

Companies

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.