DOJ told Franklin Resources no criminal charges against Western Asset

2 hours ago 1

TipRanks

Tue, December 16, 2025 astatine 9:15 AM CST 1 min read

Franklin Resources (BEN) disclosed this greeting that connected December 13, it was informed by the Department of Justice that it is prepared to resoluteness the probe done a disposition that does not necessitate the filing of immoderate transgression charges against Western Asset successful transportation with the behaviour charged successful the lawsuit of United States v. Leech. The DOJ besides informed the Franklin that arsenic it continues the ongoing solution discussions, which, arsenic the DOJ noted necessitate further clip to implicit owed to circumstances not attributable to Western Asset, it appreciates Western Asset’s committedness to afloat practice with the investigation. As antecedently disclosed, Franklin Resources launched an interior probe into definite past commercialized allocations involving treasury derivatives successful prime accounts managed by Western Asset Management Company, a wholly-owned subsidiary of the company. In transportation therewith, Western Asset received notification of an probe by the Department of Justice. Shares of Franklin Resources are up 1% to $23.77 successful greeting trading.

Unlock hedge-fund level information and almighty investing tools designed to assistance you marque smarter, sharper decisions
Stay up of the marketplace with the latest quality and investigation truthful your portfolio is ever positioned for maximum potential

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See today’s best-performing stocks connected TipRanks >>

Read More connected BEN:

Disclaimer & DisclosureReport an Issue

Franklin Resources DOJ Investigation Resolved Without Charges
Franklin Resources terms people raised to $22 from $20 astatine Barclays
Franklin Resources terms people lowered to $21 from $23 astatine BofA
XRP Blasts Past Bitcoin and Ethereum Sell-offs, Analyst Declares Rally Will Hit connected ‘Promising Fundamentals’
Franklin Resources reports preliminary AUM of $1.67T arsenic of November 30, 2025

Read Entire Article