Former Western Asset Management Exec Ken Leech Pleads Guilty to Obstruction
The former co-CIO admitted he lied to the Securities and Exchange Commission regarding an alleged cherry-picking scheme.
Tag: Ken Leech
Western Asset Management to Pay $100M Fine Over Former CIO’s Alleged Cherry-Picking Scheme
The Franklin Resources subsidiary will resolve a federal investigation into the firm over the trading practices of former Co-CIO Ken Leech.
Leech Pleads Not Guilty in WAMCO Cherry-Picking Probe
The former Western Asset Management Co. co-CIO is accused of making favorable trades for some clients at the expense of others.
Newsmakers
WAMCO Appoints New CEO After Former CIO Charged With Fraud
Thomas Gahan will step up at Western Asset Management Co., effective immediately, while James Hirschman moves up to chairman.
Newsmakers
WAMCO CIO Charged With Fraud
Ken Leech was hit with fraud charges by the SEC for allegedly favoring some client portfolios over others in a scheme by which he profited.