Western Asset Management Company

IMPORTANT ALERT: Halper Sadeh LLC Investigates KLR, WMC, SGTX

Retrieved on: 
Monday, July 3, 2023
Eli Lilly, Tata Communications, Eli Lilly and Company, Fraud, Therapy, Advertising, NYSE, Sale, Security (finance), Western Asset Management Company, Kaleyra

If you are a Kaleyra shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Kaleyra shareholder, click here to learn more about your rights and options .
  • If you are a Western Asset shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

WESTERN ASSET THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Western Asset Mortgage Capital Corporation - WMC

Retrieved on: 
Friday, June 30, 2023
Class Action Lawsuit, Professional Services, Legal, WMC, KSF, NYSE, Sale, Western Asset Management Company

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Key Points: 
  • Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Western Asset Mortgage Capital Corporation (NYSE: WMC) with Terra Property Trust, Inc., pursuant to which Western Asset shareholders will end up owning approximately 24% of the combined company.
  • KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

WMC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Western Asset Mortgage Capital Corporation Is Fair to Shareholders

Retrieved on: 
Wednesday, June 28, 2023
Class Action Lawsuit, Professional Services, Legal, WMC, Fraud, NYSE, Advertising, Security (finance), Western Asset Management Company

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Terra Property Trust, Inc. and Western Asset Mortgage Capital Corporation (NYSE: WMC) is fair to Western Asset shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Terra Property Trust, Inc. and Western Asset Mortgage Capital Corporation (NYSE: WMC) is fair to Western Asset shareholders.
  • The investigation concerns whether Western Asset and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Western Asset shareholders; and (2) disclose all material information necessary for Western Asset shareholders to adequately assess and value the merger consideration.
  • On behalf of Western Asset shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Western Asset Diversified Income Fund Announces Financial Position as of March 31, 2023

Retrieved on: 
Thursday, May 18, 2023
Personal Finance, Finance, Banking, Professional Services, Asset Management, Western Asset Management Company, Form, Security (finance), Annual report, Fund, Franklin Templeton Investments, Bank statement, Financial adviser

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points: 
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • Western Asset Diversified Income Fund, a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (“LMPFA”), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, LLC (“Western Asset”), an affiliate of the investment manager.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .
  • Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2023

Retrieved on: 
Thursday, May 18, 2023
Professional Services, Finance, Western Asset Management Company, External commercial borrowing, Form, Security (finance), Fund, Annual report, Franklin Templeton Investments, Bank statement, Bookkeeping, Financial adviser

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • Western Asset Emerging Markets Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (“LMPFA”), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, LLC (“Western Asset”), an affiliate of the investment manager.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of June, July, August, September, October and November 2023

Retrieved on: 
Wednesday, May 17, 2023
Banking, Professional Services, Finance, Policy, Western Asset Management Company, WIA, Trustee, Capital gain, Cryptocurrency

Western Asset Inflation-Linked Income Fund’s (WIA) June 2023 distribution consists of the regular monthly distribution of $0.05000 per share and a special distribution of $0.10000 per share.

Key Points: 
  • Western Asset Inflation-Linked Income Fund’s (WIA) June 2023 distribution consists of the regular monthly distribution of $0.05000 per share and a special distribution of $0.10000 per share.
  • Western Asset Inflation-Linked Income Fund’s (WIA) September 2023 distribution consists of the regular monthly distribution of $0.05000 per share and a special distribution of $0.10000 per share.
  • Western Asset Inflation-Linked Opportunities & Income Fund’s (WIW) June 2023 distribution consists of the regular monthly distribution of $0.06050 per share and a special distribution of $0.05800 per share.
  • Western Asset Inflation-Linked Opportunities & Income Fund’s (WIW) September 2023 distribution consists of the regular monthly distribution of $0.06050 per share and a special distribution of $0.05800 per share.

Clarion Partners Real Estate Income Fund Inc. (CPREIF) Announces Tender Offer

Retrieved on: 
Thursday, May 11, 2023
Asset Management, Professional Services, Finance, ACT, FUND, ALL, Bank statement, FUTURE, AND, Clarion Partners, Investment Company Act of 1940, Franklin Templeton Investments, Western Asset Management Company, USE, Fund, Cryptocurrency

The tender offer will be conducted at a price equal to the Fund’s NAV per share of common stock on the day on which the tender offer expires.

Key Points: 
  • The tender offer will be conducted at a price equal to the Fund’s NAV per share of common stock on the day on which the tender offer expires.
  • The Fund intends to commence its tender offer on or about June 13, 2023, with the expiration of the tender offer currently expected to be July 14, 2023.
  • The tender offer will be made only by an Offer to Purchase, a Repurchase Request Form, and related documents.
  • As soon as the tender offer commences, the Fund will file a tender offer statement on Schedule TO with the SEC, which will include an Offer to Purchase and related Repurchase Request Form.

Clarion Partners Real Estate Income Fund Inc. Announces Funds from Operations

Retrieved on: 
Tuesday, May 9, 2023
Banking, Professional Services, Finance, ACT, FAD, National Association of Real Estate Investment Trusts, ALL, Bank statement, FUTURE, AND, GAAP, Clarion Partners, Tenant, Public expenditure, FFO, Trust, Investment, Franklin Templeton Investments, Real estate investment trust, Western Asset Management Company, USE, Depreciation, National Association, Real estate, Bookkeeping, Fund

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2023 to March 31, 2023.

Key Points: 
  • Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2023 to March 31, 2023.
  • FFO is a standard real estate investment trust (“REIT”) industry metric defined by the National Association of Real Estate Investment Trusts (“NAREIT”).
  • The Fund also believes that adjusted FFO (“AFFO”) is a meaningful non-GAAP supplemental disclosure of its operating results.
  • The Fund’s investment manager, Legg Mason Partners Fund Advisor, LLC, is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”) and the Fund’s investment sub-adviser, Clarion Partners, LLC (“Clarion Partners”), is an indirect, majority-owned subsidiary of Franklin Resources.

Western Asset and Franklin Templeton Launch Western Asset Long Credit VIT

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Finance, Partnership, Risk management, Asset, Franklin Templeton Investments, Bloomberg US Aggregate Bond Index, Credit, Fund, Security (finance), Western Asset Management Company

Western Asset, one of the world’s leading fixed income managers, in partnership with parent company Franklin Templeton, has launched the Western Asset Long Credit VIT.

Key Points: 
  • Western Asset, one of the world’s leading fixed income managers, in partnership with parent company Franklin Templeton, has launched the Western Asset Long Credit VIT.
  • Western Asset Management Company, LLC and Western Asset Management Company Limited act as the Fund’s sub-advisers.
  • Western Asset has been one of Franklin Templeton’s autonomous specialist investment managers since July 2020.
  • Western Asset began managing long duration products in 1989.

Aimco Announces First Quarter 2023 Earnings Date

Retrieved on: 
Friday, April 28, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Investment, AIV, Aimco, NYSE, Western Asset Management Company, Rare-earth element, Cryptocurrency

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 first quarter results on Thursday, May 4, 2023, after the market closes.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that it plans to report 2023 first quarter results on Thursday, May 4, 2023, after the market closes.
  • The Company’s earnings release will be available in the Investor Relations section of its website at investors.aimco.com.