Pith Wave Signal

2 stories tagged #Cherry-picking

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  1. Former Western Asset CIO Kenneth Leech Pleads Guilty to Obstruction in Cherry-Picking Probe
    finance

    Former Western Asset CIO Kenneth Leech Pleads Guilty to Obstruction in Cherry-Picking Probe

    Kenneth Leech admits to obstructing the SEC investigation into a $600 million cherry-picking scheme at Western Asset Management, avoiding trial on fraud charges.

    3h ago 1 min read
  2. Franklin’s Western Asset Management to Pay $100M in SEC Settlement
    finance

    Franklin’s Western Asset Management to Pay $100M in SEC Settlement

    WAMCO settles SEC charges over a cherry-picking scheme by a former co-CIO, with $100 million going to harmed investors.

    last wk. 1 min read