#USA #New York #Rosen Law Firm #Securities Class Action #Western Asset Management

Rosen Law Firm Investigates Securities Claims

The Rosen Law Firm, a prominent global investor rights legal firm, has announced an investigation focused on the Western Asset Management Company LLC and its mutual funds, specifically related to allegations that the company may have provided materially misleading information to investors. This inquiry arises at a crucial time as the firm rallies support for those potentially affected.

What Happened?

On November 25, 2024, the U.S. Securities and Exchange Commission (SEC) charged Ken Leech, former Co-Chief Investment Officer of Western Asset, with fraud. The SEC accused Leech of orchestrating a multi-year scheme to favor certain portfolios through advantageous trades, while disadvantaging others—commonly referred to as cherry-picking. Such actions have raised significant concerns among investors who now find themselves contemplating their legal options amidst fears of financial loss due to potentially misleading business practices.

How Does This Affect Investors?

If you are one of the many investors who purchased mutual funds from Western Asset Management, you may be entitled to compensation. What's significant is that this could occur without any out-of-pocket expenses, courtesy of a contingency fee structure that the Rosen Law Firm offers. The firm is ramping up efforts to prepare a securities class action to seek recoveries for these investor losses, serving as a critical safeguard against the ramifications of these allegations.

Steps for Investors

For those interested in joining the prospective class action, the Rosen Law Firm provides a straightforward pathway. Investors can visit their dedicated webpage at Rosen Legal or directly contact their team. Phillip Kim, an attorney with the firm, is available toll-free at 866-767-3653 or via email at pkim@rosenlegal.com for inquiries regarding this action.

Why Choose Rosen Law Firm?

Rosen Law Firm urges investors to select their legal counsel wisely. They possess a strong track record of success, particularly in securities class actions and shareholder derivative litigation, with a focus on achieving the best outcomes for their clients. The firm has secured staggering settlements in the past, including the largest securities class action settlement against a Chinese company at the time. They were ranked number one by ISS Securities Class Action Services based on the volume of settlements in 2017 and have maintained a top-four ranking since 2013. Moreover, in 2019 alone, the firm recovered over $438 million for investors.

Noteworthy Recognition

The firm’s founding partner, Laurence Rosen, earned distinction in 2020 as a 'Titan of the Plaintiffs' Bar' by Law360, signifying competitive expertise within the complex legal landscape. Many attorneys from the firm have been honored by Lawdragon and Super Lawyers, providing further assurance to investors seeking trustworthy representation.

Follow for Updates

Investors are encouraged to stay updated on the developments regarding this investigation by following the Rosen Law Firm on social media avenues such as LinkedIn, Twitter, and Facebook, ensuring they do not miss any crucial updates pertaining to their rights and potential remedies.

Attorney advertising is important to note as prior results do not guarantee similar outcomes for future clients. The Rosen Law Firm stands prepared to assist investors in navigating these troubling developments and protecting their investment rights.