Franklin Resources, Inc. Investigated for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BEN
Franklin Resources, Inc. Investigated for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BEN
LOS ANGELES, Sept. 20, 2024 /PRNewswire/ -- The DJS Law Group alerts investors of an investigation focusing on Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE: BEN) for potential violations of the securities laws.
洛杉矶,2024年9月20日/PRNewswire/ - DJS法律集团提醒投资者,他们正在调查富兰克林资源公司("Franklin"或"本公司")(纽交所:BEN)是否存在违反证券法的可能行为。
INVESTIGATION DETAILS: The investigation focuses on whether made false statements when the Company admitted on July 26, 2024, that "following the launch of an internal investigation focusing on certain past trade allocations of treasury derivatives in select Western Asset Management ('WAM') accounts, WAM received notification of parallel investigations by the SEC and U.S. Department of Justice." The Company then disclosed on August 21, 2024, that WAM co-Chief Investment Officer Ken Leech had been played on leave "effective immediately" adding that "in light of Mr. Leech's leave of absence, the Company has determined that closing its Macro Opportunities strategy (approximately $2.0 billion in AUM as of 7/31/2024) is in clients' best interests." Finally, the Company also disclosed that Leech had received a Wells Notice from the SEC. Based on this news, shares of Franklin fell significantly
调查详情:该调查重点关注公司是否在2024年7月26日承认"在内部调查启动后,发现在特定Western Asset Management('WAM')账户中的某些过去的国债衍生品交易分配,WAm接到SEC和美国司法部的并行调查通知。"公司随后在2024年8月21日披露,WAm联席首席投资官Ken Leech已被"立即生效"停职,"基于Leech先生的休假,该公司已确定关闭其Macro Opportunities策略(截至2024年7月31日约20亿美元)符合客户最佳利益。"最后,公司还披露Leech收到了SEC的威尔斯通知。根据这一消息,富兰克林的股价大幅下跌。
If you are a shareholder who suffered a loss, contact us to participate.
如果您是一位遭受损失的股东,请联系我们参与。
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
为什么选择DJS Law Group? DJS Law Group的主要重点是通过平衡辩护和积极提供咨询来增强投资者的回报。我们专注于证券类集体诉讼、公司治理诉讼和国内/国际并购评估。我们的客户是全球最大和最复杂的对冲基金和另类资产管理公司之一。我们客户的诉讼索赔是非常有价值的资产,需要得到尊重、关注和结果。
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
本新闻稿在某些管辖地区根据适用法律和职业道德规则可能被视为律师广告。
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
联系人:
David J. Schwartz
DJS Law Group
274 White Plains Road,Suite 1
Eastchester,NY 10709
电话:914-206-9742
电子邮件:[email protected]
SOURCE DJS Law Group LLP
信息来源:DJS Law Group LLP