Hilb Rogal & Hobbs Co. NYSE: HRH

Schneider & Wallace is investigating potential claims, on behalf of shareholders who purchased or otherwise acquired the publicly traded securities of Hilb Rogal & Hobbs Co. ("Hilb Rogal" or the "Company") (NYSE: HRH) between February 14, 2002 and May 26, 2005, inclusive, (the "Class Period"). Defendants may have issued a series of false and misleading statements during that period.

On May 26, 2005, the Company announced that its Chief Operating Officer, Defendant Robert B. Lockhart, had resigned following a review of the Company's business practices. The internal inquiry, which was commenced in response to numerous states' attorneys general and other legal and regulatory bodies investigations, alleged that the Company made improper payments out of its Hartford offices in connection with the placement of insurance policies. Shares of Hilb Rogal reacted negatively to the news, falling from $38.20 per share on May 26, 2005 to $33.69 per share on May 27, 2005, on heavy trading volume.

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