NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better kno ...

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better kno ...

If you're hunting for a bargain, there aren't many choices right now. Step into these discounted names while they're still on sale.If you insist on buying your dividend stocks at a discount, you're largely out of luck right now. Although the S&P 500 has been uncomfortably volatile since July, it's still up more than 30% since November's low, and still within sight of record highs. There just aren't a lot of bargains to choose from.There are a few worthy prospects, however, if you're willing to do enough dig ...

NEW YORK, Sept. 07, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better kno ...

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better kno ...

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better kno ...

Core Viewpoint - Franklin Resources, Inc. is under investigation for potential violations of federal securities laws, leading to significant stock price declines following internal and external investigations into trading practices [1][2]. Group 1: Company Overview - Franklin Resources, Inc., also known as Franklin Templeton, is a major asset management company with $1.7 trillion in assets under management (AUM) [2]. - The company’s division, Western Asset Management (WAM), focuses on fixed income management [2]. Group 2: Investigation Details - An internal investigation was launched on July 26, 2024, regarding past trade allocations of treasury derivatives in WAM accounts, coinciding with notifications of parallel investigations by the SEC and U.S. Department of Justice [2]. - On August 21, 2024, WAM co-Chief Investment Officer Ken Leech was placed on leave after receiving a Wells Notice from the SEC, prompting the closure of the Macro Opportunities strategy, which had approximately $2.0 billion in AUM as of July 31, 2024 [2]. Group 3: Stock Performance - Following the announcement of the internal investigation, Franklin Resources' stock dropped 2.4% on July 26, 2024, from $23.64 to $23.08 per share [2]. - The stock experienced a further decline of 12.5% on August 21, 2024, falling from $22.62 to $19.78 per share [2].

Core Viewpoint - Franklin Resources, Inc. is under investigation for potential violations of federal securities laws, leading to significant stock price declines following internal and external investigations into trading practices [1][2]. Group 1: Company Overview - Franklin Resources, also known as Franklin Templeton, is a major asset management firm with approximately $1.7 trillion in assets under management (AUM) [2]. - The company’s Western Asset Management division is a key player in fixed income management [2]. Group 2: Investigation Details - An internal investigation was launched on July 26, 2024, focusing on past trade allocations of treasury derivatives in certain WAM accounts, coinciding with notifications of parallel investigations by the SEC and U.S. Department of Justice [2]. - On August 21, 2024, WAM co-Chief Investment Officer Ken Leech was placed on leave after receiving a Wells Notice from the SEC, prompting the company to close its Macro Opportunities strategy, which had approximately $2.0 billion in AUM as of July 31, 2024 [2]. Group 3: Stock Performance - Following the announcement of the internal investigation, Franklin Resources' stock dropped 2.4% on July 26, 2024, from $23.64 to $23.08 per share [2]. - The stock experienced a further decline of 12.5% on August 21, 2024, falling from $22.62 to $19.78 per share [2].

JACKSON, Wyo., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network (BEN), (Nasdaq: BNAI), an emerging provider of safe, personalized customer engagement AI, announced today that the company has entered into separate contract agreements with INTERVENT International (INTERVENT), a high tech/high touch, evidence-based behavior change and population health management company, as well as Members Only Health (MOH), a global concierge healthcare firm. These agreements will drive the development of healthcar ...

Core Viewpoint - Franklin Resources, Inc. is under investigation for potential violations of federal securities laws, leading to significant stock price declines following internal and external investigations into trading practices [1][2]. Group 1: Company Overview - Franklin Resources, also known as Franklin Templeton, is a major asset management firm with approximately $1.7 trillion in assets under management (AUM) [2]. - The company’s division, Western Asset Management (WAM), focuses on fixed income management and is currently facing scrutiny due to allegations of improper trade allocations [2]. Group 2: Investigation Details - An internal investigation was launched on July 26, 2024, regarding past trade allocations of treasury derivatives in select WAM accounts, coinciding with notifications of parallel investigations by the SEC and the U.S. Department of Justice [2]. - On August 21, 2024, WAM co-Chief Investment Officer Ken Leech was placed on leave after receiving a Wells Notice from the SEC, prompting the company to close its Macro Opportunities strategy, which had approximately $2.0 billion in AUM as of July 31, 2024 [2]. Group 3: Stock Performance - Following the announcement of the internal investigation on July 26, 2024, Franklin Resources' stock price dropped by 2.4%, from $23.64 to $23.08 per share [2]. - The stock experienced a further decline of 12.5% on August 21, 2024, falling from $22.62 to $19.78 per share [2].