The Rosen Law Firm Urges Western Asset Management Mutual Fund Investors (LAOIX, WATFX, WACPX) to Join Securities Class Action Investigation.
The Rosen Law Firm, a trusted leader in investor rights and securities class actions, is actively investigating potential securities claims for investors in Western Asset Management Company LLC mutual funds. This includes investors who purchased shares of LAOIX, WATFX, and WACPX. The investigation arises from allegations suggesting that Western Asset may have misled the investing public by providing false or misleading business information.
On November 25, 2024, the U.S. Securities and Exchange Commission (SEC) announced charges against Ken Leech, the former Co-Chief Investment Officer of Western Asset Management. The SEC accused Leech of participating in fraudulent activities, including cherry-picking trades, a practice where profitable trades were assigned to certain portfolios, while disadvantageous trades were directed to others. This scheme is believed to have caused significant financial harm to investors in Western Asset’s mutual funds.
If you were a shareholder in LAOIX, WATFX, or WACPX mutual funds, you may be entitled to compensation for your losses, without having to pay any upfront fees, thanks to Rosen Law Firm’s contingency fee arrangement.
If you have invested in Western Asset Management mutual funds, it is crucial to know your legal options. Rosen Law Firm is preparing a class action lawsuit on behalf of affected investors to seek recovery of their losses. There are no out-of-pocket fees required to join the class action. You can participate on a contingency fee basis, meaning legal fees are only payable if the case results in a recovery.
To find out if you qualify for the class action, you can:
- Submit your information online: Submit Form to Join Class Action
- Call Phillip Kim, Esq. toll-free at 866-767-3653 for a free consultation.
- Email: [email protected] for more information.
The Rosen Law Firm has recovered hundreds of millions of dollars for investors in securities fraud cases, including a $438 million recovery in 2019. The firm’s success in securities class actions has earned it recognition as one of the top law firms in the industry, with consistent rankings in the top four firms for securities class action settlements since 2013.
The Rosen Law Firm, P.A. is a leading international law firm specializing in securities class actions, shareholder derivative litigation, and investor rights. Founded by Laurence Rosen, the firm has established a stellar reputation for its successful track record in recovering significant settlements for investors globally. With a focus on providing top-tier legal representation, Rosen Law Firm has secured hundreds of millions of dollars for its clients in securities fraud cases and other complex legal matters.
Known for its commitment to transparency, aggressive litigation strategies, and client-centered approach, Rosen Law Firm has been consistently ranked among the top firms for securities class action settlements. The firm’s dedication to achieving justice for investors has earned it recognition from leading industry publications, including Law360 and Super Lawyers.
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