Genworth Joins Growing List of GIC Probe-Linked Defendants

Lehmann, R. J.
September 2008
Best's Review;Sep2008, Vol. 109 Issue 5, p14
Trade Publication
The article reports on the subpoena received by the Genworth Financial Inc. from Florida and Connecticut in relation with the multistate investigation of alleged bid-rigging in the sale of guaranteed investment contracts (GIC) to municipalities. The company has stated that Florida Attorney General Bill McCollum and Connecticut Attorney General Richard Blumenthal are seeking details about the alleged antitrust violations in various GIC sales.


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