BEN ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Franklin Resources, Inc. investment
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Levi & Korsinsky has initiated an investigation into Franklin Resources, Inc. (NYSE:BEN) for potential violations of federal securities laws. This follows a Wells Notice received by Ken Leech, co-Chief Investment Officer of its subsidiary, Western Asset Management Company.
November 08, 2024 | 9:15 pm
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NEGATIVE IMPACT
Franklin Resources is under investigation by Levi & Korsinsky for potential securities law violations. This follows a Wells Notice to Ken Leech, co-CIO of its subsidiary.
The investigation into Franklin Resources for potential securities law violations could negatively impact investor confidence and the stock price in the short term. The involvement of a high-level executive and a Wells Notice from the SEC adds to the seriousness of the situation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100