Franklin Resources, Inc.

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Company Name	Franklin Resources, Inc.
Stock Symbol	BEN

On August 21, 2024, Franklin disclosed that the co-Chief Investment Officer of its subsidiary, Western Asset Management Company (“Western Asset”) is on a leave of absence after recently receiving a Wells Notice from the U.S. Securities and Exchange Commission in relation to an investigation into “certain past trade allocations involving treasury derivatives in select Western Asset-managed accounts.” Additionally, the Company stated that it “has determined that closing its Macro Opportunities strategy (approximately $2.0 billion in AUM as of [July 31, 2024]) is in clients’ best interests.”

On this news, Franklin’s stock price fell $2.84, or 12.6%, to close at $19.78 per share on August 21, 2024, thereby injuring investors.

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If you suffered a loss on your Franklin Resources, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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