LM

Franklin Templeton Completes Acquisition of Legg Mason

Friday, July 31, 2020 - 10:00pm

Franklin Resources, Inc. (the Company) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.

Key Points: 
  • Franklin Resources, Inc. (the Company) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.
  • Were extremely excited to announce the close of our Legg Mason acquisition, representing the largest and most significant transaction in Franklin Templetons history, said Jenny Johnson, President and CEO of Franklin Templeton.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton in over 165 countries.
  • Various forward-looking statements in this press release relate to the acquisition by Franklin Templeton of Legg Mason, including regarding expected scale opportunities, operating efficiencies and results, growth opportunities, client benefits, key assumptions, revenue realization, cost and expense synergies, financial and other benefits and returns, integration and its costs.

Woolpert to Provide Information Technology Archives and Information Management (AIM) Support Services for DOE Office of Legacy Management

Wednesday, June 24, 2020 - 2:05pm

DAYTON, Ohio, June 24, 2020 /PRNewswire-PRWeb/ -- Woolpert has been contracted to provide the U.S. Department of Energy (DOE) Legacy Management Services (LMS) team with information technology, records and information management, and Environmental Spatial Data Management (ESDM) to support activities for DOE Office of Legacy Management (LM) sites located throughout the United States.

Key Points: 
  • DAYTON, Ohio, June 24, 2020 /PRNewswire-PRWeb/ -- Woolpert has been contracted to provide the U.S. Department of Energy (DOE) Legacy Management Services (LMS) team with information technology, records and information management, and Environmental Spatial Data Management (ESDM) to support activities for DOE Office of Legacy Management (LM) sites located throughout the United States.
  • Woolpert was contracted by Navarro Research & Engineering Inc. as the Legacy Management Support Contractor for the DOE LM.
  • Navarro provides long-term, post-closure support to LM when the DOE's mission and active environmental cleanup has been completed.
  • "This contract plays to our strengths that include GIS, asset management, emergency preparedness, federal support, knowledge of the energy industry, technology development, research, etc.

SHAREHOLDER ALERT: WeissLaw LLP Reminds LM, TERP, and TTPH Shareholders About Its Ongoing Investigations

Tuesday, April 21, 2020 - 11:00pm

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.

Key Points: 
  • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.
  • Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own.
  • BEP and its affiliates already control 62% of TERP shares and are attempting to acquire the remaining 38% of TERP shares they do not currently control.
  • If you own TTPH shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/tetraphase-pharmaceuticals-inc/

SHAREHOLDER ALERT: WeissLaw LLP Reminds LM, IOTS, ETFC, and QUMU Shareholders About Its Ongoing Investigations

Tuesday, March 24, 2020 - 6:41pm

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.

Key Points: 
  • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.
  • Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own.
  • Under the terms of the acquisition agreement, IOTS shareholders will receive $12.55 per share in cash for each IOTS share that they own.
  • If you own QUMU shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/qumu-corporation/

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

Wednesday, March 18, 2020 - 5:51pm

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).

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 .

SHAREHOLDER ALERT: WeissLaw LLP Reminds LM, IOTS, ETFC, and QUMU Shareholders About Its Ongoing Investigations

Tuesday, March 17, 2020 - 5:21pm

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.

Key Points: 
  • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc.
  • Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own.
  • Under the terms of the acquisition agreement, IOTS shareholders will receive $12.55 per share in cash for each IOTS share that they own.
  • If you own QUMU shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/qumu-corporation/

LEGG MASON MERGER INVESTIGATION: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Legg Mason, Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – LM

Tuesday, February 18, 2020 - 5:35pm

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. for $50.00 per share in cash is fair to Legg Mason shareholders.

Key Points: 
  • NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. for $50.00 per share in cash is fair to Legg Mason shareholders.
  • On behalf of Legg Mason shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • If you are a Legg Mason shareholder and would like to discuss your legal rights and options, please visit Legg Mason Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com .
  • The Legg Mason merger investigation concerns whether Legg Mason and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Legg Mason shareholders; (2) determine whether Franklin Resources is underpaying for Legg Mason; and (3) disclose all material information necessary for Legg Mason shareholders to adequately assess and value the merger consideration.

Advaxis to Present at 12th Annual LD Micro Main Event Investor Conference

Wednesday, December 4, 2019 - 1:00pm

Advaxis, Inc. is a clinical-stage biotechnology company focused on the development and commercialization of proprietary Lm-based antigen delivery products.

Key Points: 
  • Advaxis, Inc. is a clinical-stage biotechnology company focused on the development and commercialization of proprietary Lm-based antigen delivery products.
  • These immunotherapies are based on a platform technology that utilizes live attenuated Listeria monocytogenes (Lm) bioengineered to secrete antigen/adjuvant fusion proteins.
  • To learn more about Advaxis, visit www.advaxis.com and connect on Twitter, LinkedIn, Facebook and YouTube.
  • The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date they were made.

Advaxis Announces Increasing Focus on Neoantigen-Directed Immunotherapies and Closing of Its Phase 3 AIM2CERV Study

Thursday, June 27, 2019 - 11:50am

The company anticipates advancing additional drug constructs from its ADXS-HOT program into the clinic over the next 18 months.

Key Points: 
  • The company anticipates advancing additional drug constructs from its ADXS-HOT program into the clinic over the next 18 months.
  • The company plans to unblind the AIM2CERV clinical data generated to date and anticipates submitting these data for publication.
  • Advaxis, Inc. is a clinical-stage biotechnology company focused on the discovery, development and commercialization of proprietary Lm-based antigen delivery products.
  • These immunotherapies are based on a platform technology that utilizes live attenuated Listeria monocytogenes (Lm) bioengineered to secrete antigen/adjuvant fusion proteins.

Legg Mason Celebrates A Decade Of Corporate Social Responsibility Reporting

Monday, December 17, 2018 - 4:00pm

BALTIMORE, Dec. 17, 2018 /PRNewswire/ --Legg Mason, Inc. (NYSE:LM) celebrates 10 years of connecting employees, communities and stakeholders with the publication of its annual corporate social responsibility (CSR) report.

Key Points: 
  • BALTIMORE, Dec. 17, 2018 /PRNewswire/ --Legg Mason, Inc. (NYSE:LM) celebrates 10 years of connecting employees, communities and stakeholders with the publication of its annual corporate social responsibility (CSR) report.
  • "I'm proud of the work being done by my colleagues at Legg Mason and our investment affiliates worldwide.
  • Together, we are dedicated to being that force for good that investors expect and to fulfilling our mission of investing to improve lives," said Joseph A. Sullivan, Chairman and CEO of Legg Mason.
  • At Legg Mason, approximately $183 billion of long-term assets under management (AUM) are invested in strategies that utilize ESG factors, up 15 percent over the previous year.