Brokers convicted in bid-rigging trial; Ex-Marsh execs guilty of breaking antitrust law.(News)

From: Business Insurance | Date: February 25, 2008 | Copyright information

Byline: SALLY ROBERTS and COLLEEN McCARTHY

NEW YORK-In the first convictions to come out of New York's bid-rigging investigation of Marsh Inc., a judge found two former executives of the brokerage guilty of violating the state's antitrust law but acquitted them of all other charges, including fraud and grand larceny.

New York Supreme Court Judge James A. Yates on Friday found the executives-William Gilman, a former managing director and executive marketing director in Marsh's Global Broking unit, and Edward J. McNenney, a former managing director and global placement ...

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