Spitzer Subpoenas Clark Consulting

Barrington, Ill.-based Clark Consulting announced that it had received a subpoena from the office of the New York Attorney General Eliot Spitzer.

The subpoena seeks information related to the benefits consultant’s business practices relating to the sale of retirement products, including contingent commission agreements related to retirement product sales. Clark said it intends to fully cooperate with the inquiry.

Latest Comments

• March 28, 2005 at 2:40 am

  Alan says:

  Investigating corporate wrong doing is not inherently bad. It becomes bad when we lose sight of the injured party and use it for political gain. Bid rigging is illegal and bad... read more
• March 25, 2005 at 7:52 am

  Industry Watcher says:

  These inquiries are long overdue. Who knows exactly how much market advantage was obtained by AIG, MMC and other participants in these accounting and competitive games? To con... read more
• March 23, 2005 at 2:15 am

  Florida Product Analyst says:

  I've never worked in New York insurance, and my experience is strictly property/casualty insurance. So maybe I'm missing something here... Spitzer has followed through on year... read more