Trending...
- Proto-Punk Legends The Dictators Release First New Studio Album In 23 Years
- Agenda Announced for Creative Tech New York 2024
- Lions Gate Entertainment Corporation (LGF.A; LGF.B) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, Sept. 2, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE: BEN). Investors who purchased Franklin securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/BEN.
Investigation Details
On August 21, 2024, Franklin subsidiary Western Asset Management Company issued a press release announcing that co-Chief Investment Officer Ken Leech "is on a leave of absence, effective immediately" after "receiv[ing] a Wells Notice from the Staff of the U.S. Securities and Exchange Commission". That same day, Bloomberg reported that "[f]ederal prosecutors in New York are investigating whether a Western Asset Management executive allocated winning trades to favored accounts, as part of a criminal probe into a practice known as 'cherry-picking.'"
More on Nyenta.com
On this news, Franklin's stock price fell $2.84 per share, or 12.56%, to close at $19.78 per share on August 21, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Franklin securities, you can assist this investigation by visiting the firm's site: bgandg.com/BEN. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
Investigation Details
On August 21, 2024, Franklin subsidiary Western Asset Management Company issued a press release announcing that co-Chief Investment Officer Ken Leech "is on a leave of absence, effective immediately" after "receiv[ing] a Wells Notice from the Staff of the U.S. Securities and Exchange Commission". That same day, Bloomberg reported that "[f]ederal prosecutors in New York are investigating whether a Western Asset Management executive allocated winning trades to favored accounts, as part of a criminal probe into a practice known as 'cherry-picking.'"
More on Nyenta.com
- New Rochelle: Senior Lunch at Hudson Park
- New Rochelle: Arrangements for Hon. Leonard C. Paduano
- "Monotheism and Devils" is the theologically dedicated sequel of "Prince of Eurasia" of the Islamic cleric and executive producer Prince Oak Oakleyski
- Diisocyanates and Polyisocyanates Market to Grow by USD 13.01 Billion (2024-2028) with AI-Powered Insights, Construction Boom to Drive Revenue - Technavio
- Lumilore: The Original Story of the Dragon Who Glowed by Sabine Ruh House
On this news, Franklin's stock price fell $2.84 per share, or 12.56%, to close at $19.78 per share on August 21, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Franklin securities, you can assist this investigation by visiting the firm's site: bgandg.com/BEN. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
Filed Under: Business
0 Comments
Latest on Nyenta.com
- Dollar Falls, Gold Near Record as Fed Rate Cut Speculation Grows
- Always The VIP Launches Promotional Dinner Parties at Fushimi in Times Square NYC
- Weekly Recap: 12 Health Press Releases You Might Have Missed
- TrustVare Releases PST to EML Converter: Flawless Email Conversion Made Simple
- Green Office Partner Ranked #1 on Crain's 2024 List of Best Places to Work in Chicago
- City of New Rochelle Hosts Outdoor Movie Night: "IF" on September 20th
- INDV Investors Have Opportunity to Lead Indivior PLC Securities Fraud Lawsuit
- Rochester: The International Plaza Market Sunday celebrates Hispanic Heritage Month and 3rd Annual International Salsa Day Celebration
- Demeter Fragrance Introduces "Oak": A Fragrance That Captures the Timeless Essence of Nature
- PORT AUTHORITY AND JFK MILLENNIUM PARTNERS ANNOUNCE THE INSTALLATION OF A NEW ART EXHIBIT BY RENOWNED BROOKLYN ARTIST RON BASS AT JOHN F. KENNEDY INTERNATIONAL AIRPORT'S TERMINAL 7
- Diversified Industrial Acquisition Agreement, Plus Major Contract Award for Large Fleet Trucking Provider: MingZhu Logistics: Stock Symbol: YGMZ
- Messageware Z-Day Guard v1.5 Expands MDR Security to Azure, Exchange, and Windows Servers
- Oh Polly takes on New York Fashion Week with Fashion PR Firm covering the event
- Rochester Public Market to Host 19th Annual Artist Row Sunday
- Rochester: West River Wall improvements project named APWA Public Works Project of the Year
- What is the Power of We Partners w/ Sakhi for South Asian Survivors to Combat Gender-Based Violence
- New York's JFK T6 to Set a New Standard for Travel Retail in North America in Partnership with Avolta Companies Hudson and Dufry
- Join The Flip Project to Make a Difference This Election
- European E-Signature Market Poised for Explosive Growth by 2030
- STMicroelectronics N.V. Class Action: The Gross Law Firm Reminds STMicroelectronics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 22, 2024 - STM