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Lieff Cabraser is one of the nation's leading personal injury law firms representing clients nationwide in personal injury lawsuits involving dangerous drugs, medical devices, and other products.

 
News Article Excerpt
  
January 14, 2005
San Francisco Chronicle, "Spitzer wants $750 million, apology from Marsh & McLennan"
          New York Attorney General Eliot Spitzer is seeking a $750 million settlement from insurance broker Marsh & McLennan Companies Inc. to settle his bid-rigging and price-fixing charges, according to a report published Friday.
          The Wall Street Journal said that Marsh & McLennan has offered to pay $600 million, but that Spitzer's office is seeking $150 million more than that "and a public statement of contrition."
          The paper did not name its sources but said they were "people privy to the talks."
          Last year there were reports that Marsh & McLennan had offered to pay $500 million to settle the lawsuit launched by Spitzer on Oct. 14. Spitzer said at the time that the settlement would be "far higher."
          Much of Spitzer's case has revolved around "contingent commissions," which are fees that insurance companies paid in exchange for more business from Marsh & McLennan. Marsh & McLennan earned $1.2 billion in these incentive fees in the 18 months ended last June.

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About Lieff Cabraser
Lieff Cabraser Heimann & Bernstein, LLP is a fifty-plus attorney law firm that has represented plaintiffs nationwide since 1972. We have offices in San Francisco, New York and Nashville. We represent plaintiffs in class and group actions and in individual lawsuits in cases involving substantial losses. For the last six years, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs' law firms in the nation.
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Notice: Lieff Cabraser attorneys provide legal advice and practice law for clients in federal district courts throughout the United States and in state courts where we are licensed to practice. In states in which our lawyers are not licensed to practice, we have affiliations with local attorneys who serve as co-counsel with our firm. Please read our disclaimer.

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