Wamco Clients, Staff Head for Exits as Ken Leech Heads to Court [Yahoo! Finance Canada]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The same can't be said today for Wamco's star bond trader, Ken Leech. He's scheduled to appear in a Manhattan federal court Monday on fraud charges that have convulsed the investment firm and rippled through its owner, Franklin Resources Inc. Pension funds and other big clients have yanked vast sums since an investigation into his trading was disclosed in August — about $65 billion so far, with more withdrawals in the works. Inside Wamco, the staff is trying without much guidance from above to keep the firm operating while fretting about whether they should be exiting, too, according to more than a dozen people with knowledge of the situation. Jim Hirschmann, Wamco's leader for more than two decades, has been rarely seen at the Pasadena headquarters, and Jenny Johnson, Franklin's chief executive officer, has commented only briefly in public since Leech was charged. “It's a difficult situation,” Johnson acknowledged last week at a Bloomberg conference in
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BEN
News
- Franklin Templeton Canada Announces Estimated December ETF Cash Distributions and Annual Reinvested Distributions [Yahoo! Finance]Yahoo! Finance
- Benefit Street Partners and Aker Acquire 55 Riverwalk in West New York, NJ for $158.5 million [Yahoo! Finance]Yahoo! Finance
- Franklin Resources, Inc. (NYSE: BEN) had its price target raised by analysts at Morgan Stanley from $18.00 to $19.00. They now have an "underweight" rating on the stock.MarketBeat
- Bronstein, Gewirtz & Grossman, LLC Encourages Franklin Resources, Inc. (BEN) Shareholders to Inquire about Securities InvestigationAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to ConnectAccesswire
BEN
Earnings
- 11/4/24 - Miss
BEN
Sec Filings
- 12/20/24 - Form DEF
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- BEN's page on the SEC website