Western Asset Management
3 stories
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financeFormer 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.
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financeFormer Western Asset CIO Kenneth Leech Pleads Guilty to Obstructing SEC Probe
Kenneth Leech admits to lying to the SEC regarding a $600 million trade allocation scheme. Western Asset Management settles for $100 million without admitting wrongdoing.
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financeFranklin’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.