We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Legg Mason, Inc. (“Legg Mason” or the “Company”) (NYSE: LM) to Franklin Resources, Inc. (“Franklin”) (NYSE: BEN). Under the terms of the merger, Legg Mason shareholders will receive $50.00 per share of common stock in an all-cash transaction.
The Legg Mason merger investigation concerns whether the Board of Legg Mason breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Franklin is underpaying for Legg Mason shares, thus unlawfully harming Legg Mason shareholders.
To receive more information, please fill out the form.