Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Willis faces lawsuit over Towers Watson deal
- 23 November 2017
Willis Towers Watson is facing a class action lawsuit in a Virginia court over the handling of the 2015 merger between Willis and Towers Watson.
Bernstein Litowitz Berger & Grossmann (BLB&G) said on Wednesday that it had filed a securities lawsuit on behalf of Cambridge Retirement System, a $1bn Massachusetts municipal pension fund that held shares in Towers Watson.
Cambridge is suing four entities and three people as part of the suit: Willis Towers Watson plc, Towers Watson & Co,...
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