How Old Ties Helped Wrap Up the Marsh Deal
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Old friends Eliot Spitzer and Michael Cherkasky found themselves on opposite sides of a case that rattled the insurance industry.
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A federal judge on Tuesday approved a settlement involving Holocaust victims, their relatives and an Italian insurance company that ends a lawsuit brought a decade ago.
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The scandal at Marsh & McLennan Cos.  MMC.N may have floored Wall Street, but some executives who  had defected to a rival insurance broker said the legal storm  was long overdue.
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A Marsh & McLennan Cos. Inc. MMC.N  insurance broker, Senior Vice President Robert Stearns, on  Thursday pleaded guilty to criminal charges in connection with  an ongoing probe into fraud and bid-rigging in the insurance  industry, New York Attorney General Eliot Spitzer's office  said.
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Marsh & McLennan tries to cut its way to an operational recovery.
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A former senior executive at Marsh &  McLennan Cos. Inc. MMC.N and two executives from American  International Group Inc. AIG.N pleaded guilty to fraud  charges stemming from New York Attorney General Eliot Spitzer's  sweeping investigation of fraud in the insurance industry.
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Marsh & McLennan Cos. revealed what's  at stake in the probe into its behavior by New York Attorney  General Eliot Spitzer, saying it generated $845 million of fat  fees from a practice at the center of a bid-rigging scandal.
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NEW YORK -- An insurance broker at a subsidiary of insurance brokerage giant Marsh &amp; McLennan Cos. pleaded guilty yesterday to criminal charges related to fraud and bid-rigging and is expected to cooperate in the broad investigation of industry practices.
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December 23, 2004 -- Marsh &amp; McLennan Cos., the world&#39;s largest insurance broker, said the Securities and Exchange Commission is investigating the stakes that directors, officers, and shareholders have in the company&#39;s buyout funds.
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Putnam Investments will pay $40 million to settle yet another regulatory probe, while corporate parent Marsh &amp; McLennan Cos. yesterday said it would cut 3,000 jobs in the fallout from the price-fixing and bid-rigging scandal enveloping its insurance brokerage unit.
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Marsh &amp; McLennan Cos., Aon Corp. and Willis Group Holdings Ltd., insurance brokers whose business practices are the focus of a probe by New York Attorney General Eliot Spitzer, have
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The head of Marsh &amp; McLennan Companies Inc., the nation&#39;s largest insurance broker, resigned Monday, clearing the way for the settlement of bid-rigging charges brought by New York&#39;s attorney general.
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A Marsh & McLennan Cos. Inc. insurance  broker, Senior Vice President Robert Stearns, on Thursday  pleaded guilty to criminal charges in connection with an  ongoing probe into fraud and bid-rigging in the insurance  industry, New York Attorney General Eliot Spitzer's office  said.
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The U.S. Securities and Exchange  Commission has asked Marsh & McLennan Cos. Inc. MMC.N for  information about partnerships that individuals affiliated with  the company have invested in, the insurance broker said in a  statement.
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HARTFORD, Conn., Jan. 7 -- The former chairman and chief executive of the world's largest insurer initiated a deal that led to five former executives being charged with participating in a scheme to manipulate the company's financial statements, a federal prosecutor said Monday during opening...
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The US Securities and Exchange Commission has asked Marsh &amp; McLennan Cos. Inc. (MMC.N: Quote, Profile, Research) for information about partnerships that individuals affiliated with the
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Marsh &amp; McLennan Companies Inc., the insurance brokerage giant, is looking to collect about $230 million in incentive fees at the heart of a bid-rigging probe by New York authorities as a way to help fund a possible settlement over the questioned fees.