Investigation Launched Into Western Asset Management Class Claims

Rosen Law Firm Investigates Western Asset Management Company

Rosen Law Firm, a reputable legal firm focused on investor rights, has announced an investigation into potential securities claims for investors in Western Asset Management Company mutual funds. This development stems from allegations that the company may have disseminated misleading information to the public.

Understanding the Investigation

Investors who purchased shares in Western Asset’s mutual funds might be eligible for compensation without incurring any upfront fees. The Rosen Law Firm is gearing up to file a class action lawsuit aimed at recovering losses sustained by affected investors.

Implications of the SEC Charges

The Securities and Exchange Commission has charged Ken Leech, previously the Co-Chief Investment Officer of Western Asset Management, with fraud. Allegations indicate he engaged in a multi-year scheme where he allocated favorable trades to select portfolios, detrimentally affecting others. These serious charges prompted Rosen Law Firm to act on behalf of the investors.

Why Select Rosen Law Firm

Choosing the right legal representation is crucial for investors. Rosen Law Firm encourages individuals to work with law firms that demonstrate a strong record of handling securities class actions and shareholder derivative litigation. Their experience and resources set them apart from others that may not actively litigate such cases.

A Proven Track Record for Investors

With significant achievements including a record-setting securities class action settlement against a Chinese company, Rosen Law Firm continually tops rankings for settlement volume in the securities litigation space, having secured hundreds of millions of dollars for investors over the years. In 2019 alone, they recovered more than $438 million for clients.

How to Participate in the Class Action

If you are a Western Asset mutual fund investor and wish to join this upcoming class action, you can reach out directly to Rosen Law Firm for guidance. They will clarify the process and address any questions you may have regarding potential claims.

Rosen Law Firm's Communication Channels

To stay informed and receive updates, investors are encouraged to follow Rosen Law Firm on social media platforms like LinkedIn, Twitter, and Facebook. These channels not only provide timely information about ongoing class actions but also insights into the firm’s activities and investor rights.

Contact Information for Assistance

If you have any questions or wish to discuss your specific situation, you can reach out to Laurence Rosen or Phillip Kim at The Rosen Law Firm. Their office is located in New York City, and they offer toll-free assistance to ensure investors have access to needed resources.

Frequently Asked Questions

What is the basis for the investigation into Western Asset Management?

The investigation is centered around potential securities claims due to allegations of misleading information provided to investors.

How can I join the class action?

Interested investors can contact Rosen Law Firm for details on how to participate in the class action lawsuit.

What are the implications of the SEC charges against Ken Leech?

These charges indicate serious violations of investment trust and integrity, potentially affecting investor confidence and fund performance.

What is the Rosen Law Firm's track record for settlements?

Rosen Law Firm is recognized for achieving substantial settlements in securities class actions, having secured over $438 million in 2019 alone.

How can I stay updated on the investigation?

Following Rosen Law Firm on social media will provide updates on the investigation and class action developments.

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