Author's note: I present an update my best small and mid-cap stock ideas that insiders are buying only to subscribers of my exclusive marketplace, The Insiders Forum. Our model portfolio has more than doubled the return of its benchmark, the Russell 2000, since its launch. To join our community and gain access to our market beating returns, just click on our logo below.Shares of investment management firm Franklin Resources (NYSE: BEN ) are down by more than 60% over the past 10 years as the paradigm shift ...

NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Franklin Resources, Inc. (NYSE: BEN) resulting from allegations that Franklin Resources may have issued materially misleading business information to the investing public. So What: If you purchased Franklin Resources securities you may be entitled to compensation without payment of any out of pocket fees or costs through a ...

NEW YORK, Oct. 17, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Franklin Resources, Inc. (NYSE: BEN) resulting from allegations that Franklin Resources may have issued materially misleading business information to the investing public.So What: If you purchased Franklin Resources securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contin ...

Franklin Resources, Inc.'s (BEN) subsidiary, Franklin Templeton, expanded its partnership with Envestnet, Inc. (ENV) to offer tax-managed, customized strategies at scale through its Canvas Custom Indexing platform. The partnership is part of the previously-announced strategic relationship between the companies. This marks another milestone for Franklin Templeton, furthering its position as a top Separately Managed Account (SMA) provider.Canvas' web-based platform allows advisors to effortlessly design indiv ...

NEW YORK, Sept. 29, 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. 27, 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. 25, 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. 24, 2024 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP is investigating securities violations against Franklin Resources, Inc. (“Franklin” or the “Company”) (NYSE: BEN), also known as Franklin Templeton. CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION If you are a Franklin investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. On August 21, 2024, Franklin disclosed i ...

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 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 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 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].

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BEN over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking ...