LEGG MASON INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Legg Mason, Inc. - LM

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. (NYSE: BEN).

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Retrieved on: 
Wednesday, March 18, 2020
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Tags: 
Legal, Professional services, Legg Mason, LM, Foti
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LOUISIANA, United States
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Summary
Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. (NYSE: BEN).
  • Under the terms of the proposed transaction, shareholders of Legg Mason will receive only $50.00 in cash for each share of Legg Mason that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .


Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. (NYSE: BEN). Under the terms of the proposed transaction, shareholders of Legg Mason will receive only $50.00 in cash for each share of Legg Mason that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-lm/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC

1100 Poydras St., Suite 3200

New Orleans, LA 70163

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