Wamco Clients Are Quizzed By DOJ As Ken Leech Probe Ramps Up
Portfolio Pulse from Benzinga Newsdesk
The Department of Justice (DOJ) is intensifying its investigation into Ken Leech, with Wamco clients being questioned. This development could have implications for Franklin Resources, Inc. (BEN), as it is potentially linked to the probe.
October 18, 2024 | 5:30 pm
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Franklin Resources, Inc. (BEN) may be impacted by the DOJ's intensified investigation into Ken Leech, as Wamco clients are being questioned. This could lead to regulatory scrutiny or legal challenges.
The DOJ's investigation into Ken Leech and the questioning of Wamco clients suggest potential legal or regulatory issues that could affect Franklin Resources. This could lead to negative sentiment and potential stock price decline.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70