NEW YORK , Oct. 21, 2004 (PRIMEZONE) -- Parker & Waichman, LLP is investigating claims of apparent conflicts of interest in the management of Aon Corp's (NYSE:AOC) employee retirement funds. Aon Corp employees can learn more about these claims by visiting http://www.yourlawyer.com/practice/overview.htm?topic=Aon%20Corp .
Parker & Waichman LLP is evaluating if plan administrators of Aon Corp's employee retirement funds breached their fiduciary responsibility to plan members by heavily investing in Aon's own stock. Aon Corp's stock has dropped sharply in price since Eliot Spitzer, Attorney General of New York, filed suit against Marsh & McClennan (NYSE:MMC) a competitor of Aon. The New York Attorney General's office has stated that it is investigating if Aon steered business to insurers in return for those firms using Aon as a broker for their own reinsurance packages. Regulatory concerns have prompted several credit rating agencies to downgrade shares of Aon Corp.
For more information on this investigation please visit http://www.yourlawyer.com/practice/overview.htm?topic=Aon%20Corp . For more information on Parker & Waichman LLP, please visit www.yourlawyer.com or call 1-800-LAW-INFO. Current and former Aon Corp employees and shareholders are also encouraged to visit www.injurytalk.com.