BEN INVESTOR NEWS: Lost Money on Your Franklin Resources, Inc. Investment? Contact BFA Law about its Ongoing Securities Fraud Investigation (NYSE:BEN)

Core Insights - Franklin Resources, Inc. is under investigation for potential violations of federal securities laws, which has led to significant stock price declines and substantial net outflows from its assets under management [1][3][5] Company Overview - Franklin Resources, also known as Franklin Templeton, manages approximately $1.7 trillion in assets, with a key division being Western Asset Management (WAM), focused on fixed income [2] Recent Developments - On July 26, 2024, Franklin Resources announced an internal investigation regarding past trade allocations of treasury derivatives, which coincided with notifications of parallel investigations by the SEC and U.S. Department of Justice, resulting in a 2.4% stock price drop [3] - On August 21, 2024, WAM's co-Chief Investment Officer Ken Leech was placed on leave after receiving a Wells Notice from the SEC, leading to a 13% decline in stock price and the closure of the Macro Opportunities strategy, which had approximately $2.0 billion in assets under management [4] - On November 4, 2024, the company reported preliminary fourth quarter results, revealing $31.3 billion in long-term net outflows, a 354% increase year-over-year, and a quarterly net loss of $84.7 million, causing an almost 3% decline in stock price [5]