#United States #New York #Rosen Law Firm #Securities Class Action #Western Asset

Rosen Law Firm Investigates Western Asset Management Company LLC

The Rosen Law Firm, known for its dedication to investor rights, is currently conducting an investigation focusing on possible securities claims involving investors of Western Asset Management Company LLC mutual funds, including LAOIX, WATFX, and WACPX. This initiative comes in the wake of serious allegations that the company may have disseminated significantly misleading business information to the public.

Call to Action for Investors

If you have invested in Western Asset mutual funds, you might have the opportunity to join a potential class action aimed at securing compensation from any incurred losses. Notably, joining this action could relieve investors from having to bear any upfront legal costs due to the firm’s contingency fee arrangement. To participate in this prospective class action, interested parties can reach out through the Rosen Law Firm’s dedicated online platform or contact Phillip Kim, Esq. at their toll-free number.

Allegations Against Western Asset

The urgency of this investigation was amplified following a press release by the U.S. Securities and Exchange Commission (SEC) dated November 25, 2024. The document stated that Ken Leech, the former Co-Chief Investment Officer at Western Asset Management Company, faced fraud charges. He allegedly orchestrated a long-term scheme designed to allocate favorable trades to select portfolios while relegating less favorable trades to others, a practice identified as cherry-picking.

The Rosen Law Firm's Expertise

Investors are encouraged to seek the counsel of a knowledgeable law firm with a proven success record. The Rosen Law Firm emphasizes this point, highlighting that many firms issuing second opinions may lack the substantial experience or resources necessary for impactful litigation. The firm itself is distinguished by its successful history in securities class actions, having secured the largest settlement against a Chinese company at the time, and consistently ranking highly in class action settlements over the years.

Founded and led by Laurence Rosen, the firm has notably recovered hundreds of millions of dollars for investors over the years, with $438 million secured in 2019 alone. The recognition achieved by Rosen and many of its attorneys by prestigious organizations speaks to the firm's commitment and credibility.

Following Updates

To stay informed on this investigation and other developments, investors can follow the Rosen Law Firm's updates on various social media platforms including LinkedIn, Twitter, and Facebook.

In summary, if you are a mutual fund investor in Western Asset, this may be a pivotal moment for you to take action. Engage with the Rosen Law Firm to understand your rights and the potential for recovery amidst these concerning allegations.

Note: This article is meant for informational purposes only and does not guarantee any specific outcome. Prior results of the Rosen Law Firm do not ensure similar results in future cases.