Legal Opinion
State Treasurer v. Marsh & McLennan Companies, Inc.
Oregon Supreme Court
Decided December 13, 2012No. CC 050808454; CA A139453; SC S059386PublishedCited by 15 opinions
1Opinion of the CourtDe Muniz, J.
This case arises under provisions of the Oregon Securities Law set out in ORS chapter 59. The State of Oregon, acting by and through the Oregon State Treasurer, and the Oregon Public Employee Retirement Board (PERB), on behalf of the Oregon Public Employee Retirement Fund (PERF) (collectively, “state”), have asserted claims against Marsh & McLennan Companies, Inc. (MMC) and Marsh, Inc. (MI) (collectively, “Marsh”). The state alleges that Marsh engaged in a scheme perpetrated by false and misleading statements that caused the state to lose approximately $10 million on investments in Marsh…
2Cases cited18 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Portland General Electric Co. v. Bureau of Labor & IndustriesOregon Supreme Court · 1993
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3Cited by15 opinions
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