ATLANTA, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Franklin Resources, Inc. (“Franklin” or the “Company”) (NYSE: BEN) complied with federal securities laws. On August 21, 2024, Franklin Resources’ wholly owned subsidiary, Western Asset Management Company, LLC, announced that its co-CIO “recently received a Wells Notice from the Staff of the U.S. Securities and Exchange Commission, and is on a leave of absence to focus on this matter.” Following this news, the price of the Company’s stock dropped.
If you purchased Franklin Resources stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/franklin-resources/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
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Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
