| Company: | Marsh & McLennan Companies, Inc. |
| Ticker Symbol: | NYSE: MMC |
| Class Period: | January 3, 2000 to November 3, 2003 |
| Court: | Southern District, NY |
| Date Filed: | Dec-03-03 |
| Lead Plaintiff Deadline: | Jan-30-04 |
| Allegations: |
A class action suit has been filed against Marsh & McLennan Companies, Inc. ("Marsh & McLennan" or the "Company") (NYSE:MMC) and certain of its officers and directors, in the United States District Court for the Southern District of New York. This suit is brought on behalf of all persons and entities, other than defendants, who purchased Marsh & McLennan common stock between January 3, 2000 and November 3, 2003, inclusive (the "Class Period").
The complaint alleges that defendants were engaged in an unlawful and deceitful course of conduct designed to improperly financially advantage defendants to the detriment of plaintiff and the other members of the Class. During the Class Period, defendants violated the federal securities laws by disseminating materially false and misleading information to the public concerning Putman Investments, LLC ("Putnam"), a Marsh & McLennan subsidiary. In clear breach of their disclosure obligations, defendants failed to disclose that Putnam allowed select favored customers, and its own fund managers, to engage in market timing (or rapid in-and-out trading) in certain Putnam mutual funds. It is alleged that defendants engaged in this wrongful activity in exchange for substantial fees and other income.
If you acquired the securities of the defendants during the Class Period you may, no later than Jan-30-04, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The complaint alleges that defendants were engaged in an unlawful and deceitful course of conduct designed to improperly financially advantage defendants to the detriment of plaintiff and the other members of the Class. During the Class Period, defendants violated the federal securities laws by disseminating materially false and misleading information to the public concerning Putman Investments, LLC ("Putnam"), a Marsh & McLennan subsidiary. In clear breach of their disclosure obligations, defendants failed to disclose that Putnam allowed select favored customers, and its own fund managers, to engage in market timing (or rapid in-and-out trading) in certain Putnam mutual funds. It is alleged that defendants engaged in this wrongful activity in exchange for substantial fees and other income.
If you acquired the securities of the defendants during the Class Period you may, no later than Jan-30-04, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.
If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.
