LOS ANGELES–(BUSINESS WIRE)–The DJS Law Group reminds investors of a class action lawsuit against Western Asset Management Company, LLC (“Wamco” or “the Company”) for violations of the securities laws on behalf of investors in Western Asset US Core Bond Fund mutual fund classes including Class I (“WATFX”), Class A (“WABAX”), Class C (“WABCX”), Class FI (“WAPIX”), Class IS (“WACSX”), and Class R (“WABRX”) – and the Western Asset Core Plus Bond Fund mutual fund classes including Class A (“WAPAX”), Class C (“WAPCX”), Class C1 (“LWCPX”), Class FI (“WACIX”), Class R (“WAPRX”), Class I (“WACPX”), and Class IS (“WAPSX”).
Shareholders who purchased funds during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: January 1, 2021 to October 31, 2023
DEADLINE: September 5, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Wamco treated some strategies including its Core and Core Plus offerings less favorably than others. The Company did not maintain appropriate compliance procedures ensuring fair allocation of investments. The Company failed to protect investors and their interests. Based on these facts, Wamco’s public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
