Franklin Resources, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Franklin Resources, Inc. (BEN)
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Levi & Korsinsky has initiated an investigation into Franklin Resources, Inc. (NYSE:BEN) for potential securities fraud. This follows a Wells Notice received by Ken Leech, co-Chief Investment Officer of its subsidiary, Western Asset Management Company, from the SEC.
November 12, 2024 | 12:45 pm
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Franklin Resources, Inc. is under investigation for potential securities fraud, following a Wells Notice from the SEC to a key executive. This could lead to legal and regulatory challenges for the company.
The investigation into potential securities fraud and the receipt of a Wells Notice by a key executive suggest significant legal and regulatory challenges for Franklin Resources. This could negatively impact investor confidence and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100