FRANKLIN RESOURCES INC - 8-K Filing
Franklin Resources Inc's subsidiary Western Asset Management Company settled an SEC investigation related to alleged trade allocation violations by former co-Chief Investment Officer Ken Leech, paying a $100 million civil penalty into a Fair Fund. The settlement resolves the matter without admitting wrongdoing and concludes investigations from both the DOJ and SEC. (Items: 8.01 Other Events, 9.01 Financial Statements and Exhibits)
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