Marsh McLennan
National Class Action
Mega Broker Marsh & McLennan (major commercial insurance provider throughout Canada) sued for alleged multi-million dollar wrongdoing.
February 3, 2005 - Class action lawyer Tony Merchant, Q.C., announced today that he has launched a series of lawsuits in Ontario, Quebec and other provinces, to pursue a new National Class Action against Marsh McLennan.
Through this proposed class action, we seek to recover the millions of dollars which we intend to establish Canadian companies and consumers unknowingly paid on Marsh & McLennan insurance policies. We believe the evidence will show that these fees and incentives were hidden by Marsh from their customers, and used to bait brokers into recommending Marsh McLennan insurance and services, even when better policies might have been available from other competitors.
A broker is supposed to serve as the consumer’s agent, and seek out the best insurance policy, coverage, and price, from the consumer’s point of view. A broker is supposed to be the client’s servant, not the insurer’s pitch man. In this case, we advance, that brokers were more concerned with promoting Marsh McLennan’s interests and products than protecting the consumer and providing the best and most competitive coverage available.
The proposed class action seeks to recover on behalf of both Marsh’s policy holders and its investors, with the two groups identified as:
All persons (including their estates, executors, or personal representatives), corporations, partnerships, firms, businesses, organizations, and other entities in Canada, and abroad, who purchased insurance or brokerage services from or through the Respondents.
All persons (including their estates, executors, or personal representatives), corporations, partnerships, firms, businesses, organizations, and other entities, in Canada, and abroad, who are or have been: a shareholder, interest holder, or investor, either directly or indirectly, such as through an agent, a broker, mutual fund, pension fund, or other investment vehicle, in one or more of the Respondent Corporations; or, a beneficiary, pension interest holder, or similar interest holder in one or more of the Respondent Corporations, from January 1, 1995 to present."
Merchant Law Group LLP has 12 offices across Canada, with lawyers practising law in six provinces and an American state. Tony Merchant, Q.C., and his firm are well known for their involvement in Mass & Class Action cases in Canada, including class proceedings regarding Complete Contact Lens Solution, Silicon Breast Implant, Winners/HomeSense, HSBC Mutual Funds, Various Cellular Phone Fees, Molson-Coors Merger, Conrad Black/Hollinger, GM Gasket Manifolds, Lead Paint in Toys (and similar consumer products), Menu Foods, Paxil, Vioxx, Agent Orange, Cryptosporidium Water, Sony, Residential School litigation, CPR Anhydrous Ammonia, and cases regarding ISM Information Security, Tundra noxious gas emissions, Zonolite, Canadian Wheat Board Pool transfers, and various other cases. Tony Merchant is known to be one of Canada's most active litigators with more than 600 reported cases in leading Caselaw Journals, having argued thousands of cases before the Canadian and American Courts, in Trial and Administrative Courts, and the Courts of Appeal of various American and Canadian jurisdictions, the Federal Court of Canada, and the Supreme Court of Canada. Tony Merchant, Q.C., has a long history in pursuing public policy cases and is a former Member of the Legislative Assembly (M.L.A.)
IF YOU WISH TO JOIN THIS CLASS ACTION OR TO SIMPLY GET MORE INFORMATION, PLEASE COMPLETE THE BELOW FORM OR CALL US AT 1 866 982 7777.(Please note, providing your information creates no financial obligation for you. You are not charged any fee or cost for joining this class action - we are simply paid a contingency fee from the compensation recovered, if successful.)
POUR LE SERVICE EN FRANCAIS AU SUJET DE CE RECOURS COLLECTIF (OU D'AUTRE RECOURS POTENTIEL), S.V.P. CONTACTER NOTRE BUREAU DE MONTREAL: MONTREAL@MERCHANTLAW.COM.
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