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Western Asset Management Company/Controversies

Western Asset Management Company controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024SEC cherry-picking allegations involving Ken Leech

  1. 2024

    SEC cherry-picking allegations involving Ken Leech

    In November 2024, the SEC announced fraud charges against Ken Leech, identified as a co-chief investment officer of Western Asset. The regulator alleged that he participated in a multiyear scheme that directed favorable trades to selected portfolios and unfavorable trades to others. The SEC described this conduct as cherry-picking.

    Source