Franklin Resources, Inc. (BEN) is subjected to an
investigation by Bronstein, Gewirtz, and Grossman, LLC due to
alleged wrongdoings, which has prompted interest from shareholders seeking compensation. The
investigation gets more serious as SEC probes the Co-CIO of a $2B unit and as the
stock price plummets by 13% in a day. Legal offices including
BFA Law, Kirby McInerney LLP, Holzer & Holzer, LLC, and the Schall Law Firm have joined the fray bringing attention to shareholder claims and securities fraud investigation initiatives tied to BEN. Naturally, the
stock price is adversely affected, sinking further when news of a federal criminal probe into 'cherry-picking' is announced. Despite these challenges, some investors view current conditions as an opportunity to buy. While
BEN's reputation may currently be in shaky ground, there's noteworthy
institutional backing- with 48% ownership, and recent advancements into
investment technology and
private investing.
Franklin Resources BEN News Analytics from Mon, 15 Jan 2024 17:40:54 GMT to Sun, 25 Aug 2024 20:00:00 GMT -
Rating -8
- Innovation -7
- Information -6
- Rumor -2
