litigation
confidence high
sentiment positive
materiality 0.80
DOJ prepared to resolve Western Asset investigation without criminal charges
FRANKLIN RESOURCES INC
- DOJ informed Franklin Resources on Dec 13, 2025 it will not file criminal charges against Western Asset in United States v. Leech case.
- Resolution discussions ongoing; additional time needed due to circumstances not attributable to Western Asset.
- Western Asset's full cooperation with the DOJ investigation acknowledged.
- Internal investigation into past trade allocations involving treasury derivatives continues.