Summary
Marsh & McLennan Companies, Inc. (MMC) filed an 8-K on October 19, 2004, to report on market services agreements, as detailed in an attached press release. This filing also reiterates MMC's commitment to providing timely and accurate information to investors through various channels, including their corporate website and the websites of their operating companies. This disclosure comes at a time of significant scrutiny for MMC, particularly concerning market timing issues at its subsidiary Putnam and ongoing legal challenges from the New York State Attorney General's Office.
Key Highlights
- 1MMC issued a press release on October 18, 2004, concerning market services agreements, filed as an exhibit to this 8-K.
- 2The company emphasizes its commitment to transparent communication with investors through its corporate website (www.mmc.com) and subsidiary websites.
- 3Regular updates on assets under management at Putnam will be posted monthly on the MMC website.
- 4Putnam will continue to post mutual fund performance data, historical performance, and Lipper rankings to its website.
- 5The filing includes extensive forward-looking statements and a detailed discussion of associated risks and uncertainties for both MMC's risk and insurance services and investment management businesses.
- 6Key risks highlighted include the impact of litigation related to market timing issues and the New York Attorney General's complaint, as well as general market and economic conditions.