Spitzer Accuses Liberty Mutual Of Bid-Rigging

Law360, New York (May 5, 2006, 12:00 AM EDT) -- Liberty Mutual Holding Company Inc. is the latest institution to find itself in the crosshairs of New York State Attorney General Elliot Spitzer, after Spitzer’s office filed a complaint Friday accusing Liberty of bid-rigging.

Connecticut Attorney General Richard Blumenthal also filed suit against Liberty Mutual Friday.

The 17-page complaint filed in New York State Supreme Court alleges anti-competitive behavior, fraud, unjust enrichment and inducement to breach fiduciary duty. Attached to the complaint are 50 pages of exhibits, mostly e-mails that prosecutors say outline the alleged illegal...
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