Investors Invoke class action lawsuit Against Western Asset Management Company For Securities Fraud Losses
Legal Action Against WAMCO
In recent developments, investors of the Western Asset Management Company (WAMCO) are being reminded by the Rosen Law Firm about the impending opportunity to participate in a securities fraud class action lawsuit. This opportunity specifically targets those who purchased Western Asset US Core Bond Fund and Western Asset Core Plus Bond Fund mutual funds between January 1, 2021, and October 31, 2023. The lawsuit has arisen due to alleged misconduct that has allegedly impacted the value of these investment funds, leaving many investors with significant losses.
The Background of the Case
The Rosen Law Firm has indicated that investors who purchased shares in specific fund classes of WAMCO during the identified period have a chance to lead the class action lawsuit, provided they meet certain criteria. Fund classes affected include Class I (ticker