Rosen Law Firm Investigates Securities Claims for Western Asset Management Fund Investors

Rosen Law Firm Investigates Securities Claims for Western Asset Investors

The Rosen Law Firm, a prominent global advocate for investor rights, has recently initiated an investigation into potential securities claims concerning investors affiliated with Western Asset Management Company. This development comes in light of allegations suggesting that the firm may have disseminated materially misleading business information, which has raised questions about the integrity of its operations.

What’s at Stake?

If you have invested in Western Asset mutual funds, you may have grounds to pursue compensation without incurring out-of-pocket expenses, thanks to a contingency fee arrangement facilitated by Rosen Law Firm. The firm is proactively preparing for a class action lawsuit aimed at recovering losses sustained by investors like you.

Important Developments

On November 25, 2024, the U.S. Securities and Exchange Commission (SEC) announced a significant charge against Ken Leech, the former Co-Chief Investment Officer of Western Asset Management Co. Leech has been accused of engaging in fraudulent activities, specifically a multi-year scheme that involved allocating favorable trades to select portfolios while burdening others with unfavorable ones—a practice commonly referred to as cherry-picking. These allegations further complicate the investment landscape for Western Asset's mutual fund holders, making it imperative for affected investors to take precautionary measures.

Next Steps for Investors

To potentially join the forthcoming class action lawsuit, investors should visit this link to submit their information. Alternatively, you can reach out directly to the firm’s representative, Phillip Kim, Esq., via a toll-free call at 866-767-3653 or through email at [email protected] This is a vital step for those seeking to hold Western Asset accountable and recover their losses.

Why Choose Rosen Law Firm?

Rosen Law Firm underscores the importance of choosing qualified legal counsel with a robust track record. Many firms that send out notices may lack the necessary experience, resources, or peer recognition to effectively handle securities class actions. Opting for a firm with proven success is crucial in navigating these complexities.

Rosen Law Firm has continuously demonstrated its commitment to investor rights, achieving record-breaking settlements, including one of the largest securities class action settlements against a Chinese company. Ranked number one by ISS Securities Class Action Services for multiple years, the firm has consistently secured impressive recoveries for investors, amassing over $438 million in 2019 alone. Founding partner Laurence Rosen is recognized as a leader in the plaintiffs' bar, reflecting the firm’s high standards and dedication to its clients.

Follow for Updates

For ongoing updates about this investigation and other critical investor news, follow Rosen Law Firm on LinkedIn, Twitter, and Facebook to stay informed about your rights and opportunities as an investor.

Attorney advertising notice: Past results do not guarantee similar outcomes. For more information, contact Laurence Rosen or Phillip Kim at The Rosen Law Firm, located in New York City.

Conclusion

Investors with potentially misleading business information from Western Asset Management Company are encouraged to act now. Rosen Law Firm invites you to explore your options for justice and potential compensation as the investigation unfolds. Don’t hesitate to claim your rights as an investor and join a proactive community seeking accountability.