{"id":7293,"date":"2020-04-27T09:17:17","date_gmt":"2020-04-27T09:17:17","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/"},"modified":"2020-04-27T09:17:17","modified_gmt":"2020-04-27T09:17:17","slug":"legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/","title":{"rendered":"Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; Investors Are Encouraged To Contact The Firm"},"content":{"rendered":"<p><span class=\"xn-location\">NEW YORK<\/span>,&nbsp;Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against&nbsp;<span class=\"xn-person\">Legg Mason<\/span>, Inc. (NYSE:&nbsp;LM)&nbsp;in connection with the proposed sale of&nbsp;<span class=\"xn-person\">Legg Mason<\/span>&nbsp;to Franklin Resources, Inc. for&nbsp;<span class=\"xn-money\">$50.00<\/span>&nbsp;per share. The lawsuit seeks damages and\/or equitable relief on behalf of&nbsp;<span class=\"xn-person\">Legg Mason<\/span>&nbsp;shareholders under the federal securities laws.<\/p>\n<p><strong><u>If you are a&nbsp;<span class=\"xn-person\">Legg Mason<\/span>&nbsp;shareholder and would like to join the action or discuss your legal rights and options, please visit<\/u><\/strong><strong>&nbsp;<\/strong>Legg Mason Class Action&nbsp;or contact&nbsp;<span class=\"xn-person\">Daniel Sadeh<\/span>&nbsp;or&nbsp;<span class=\"xn-person\">Zachary Halper<\/span>,&nbsp;<strong><u>free of charge<\/u><\/strong>, at (212) 763-0060 or&nbsp;sadeh@halpersadeh.com&nbsp;or&nbsp;zhalper@halpersadeh.com.<\/p>\n<p>The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that&nbsp;<span class=\"xn-person\">Legg Mason<\/span>&nbsp;shareholders vote in favor of the proposed sale of&nbsp;<span class=\"xn-person\">Legg Mason<\/span>&nbsp;to Franklin Resources. According to the complaint, the proxy statement contains materially incomplete and misleading information concerning, among other things,&nbsp;<span class=\"xn-person\">Legg Mason&#8217;s<\/span>&nbsp;financial projections and analyses performed by&nbsp;<span class=\"xn-person\">Legg Mason&#8217;s<\/span>&nbsp;financial advisors.&nbsp;<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than&nbsp;<span class=\"xn-chron\">June 22, 2020<\/span>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<strong><u>&nbsp;If you would like to join the action or discuss your legal rights and options, please visit&nbsp;<\/u><\/strong>https:\/\/halpersadeh.com\/actions\/legg-mason-inc-merger-stock-franklin-resources\/&nbsp;or contact&nbsp;<span class=\"xn-person\">Daniel Sadeh<\/span>&nbsp;or&nbsp;<span class=\"xn-person\">Zachary Halper<\/span>,&nbsp;<strong><u>free of charge<\/u><\/strong>, at (212) 763-0060 or&nbsp;sadeh@halpersadeh.com&nbsp;or&nbsp;zhalper@halpersadeh.com.<\/p>\n<p>NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE OR YOU MAY REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.<\/p>\n<p>Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.<\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.halpersadeh.com\" target=\"_blank\">http:\/\/www.halpersadeh.com<\/a><br \/><b>Contact Information:<\/b><br \/>Contact Information:<br \/>\nHalper Sadeh LLP<br \/>\nDaniel Sadeh, Esq.<br \/>\nZachary Halper, Esq.<br \/>\n(212) 763-0060<br \/>\nsadeh@halpersadeh.com<br \/>\nzhalper@halpersadeh.com <\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Contact Information:<br \/>\nHalper Sadeh LLP<br \/>\nDaniel Sadeh, Esq.<br \/>\nZachary Halper, Esq.<br \/>\n(212) 763-0060<br \/>\nsadeh@halpersadeh.com <br \/>\nzhalper@halpersadeh.com <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK,&nbsp;Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against&nbsp;Legg Mason, Inc. (NYSE:&nbsp;LM)&nbsp;in connection with the proposed sale of&nbsp;Legg Mason&nbsp;to Franklin Resources, Inc. for&nbsp;$50.00&nbsp;per share. The lawsuit seeks damages and\/or equitable relief on behalf of&nbsp;Legg Mason&nbsp;shareholders under the federal securities laws. If you are a&nbsp;Legg &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\">Continue reading <span>Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; Investors Are Encouraged To Contact The Firm<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-7293","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; Investors Are Encouraged To Contact The Firm - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; Investors Are Encouraged To Contact The Firm - Business\" \/>\n<meta property=\"og:description\" content=\"NEW YORK,&nbsp;Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against&nbsp;Legg Mason, Inc. 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If you are a&nbsp;Legg &hellip; Continue reading Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; Investors Are Encouraged To Contact The Firm Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-27T09:17:17+00:00\" \/>\n<meta name=\"author\" content=\"Charles Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/04\/27\/legg-mason-class-action-halper-sadeh-llp-announces-filing-of-shareholder-class-action-lawsuit-against-legg-mason-inc-investors-are-encouraged-to-contact-the-firm\/\",\"name\":\"Legg Mason Class Action: Halper Sadeh LLP Announces Filing Of Shareholder Class Action Lawsuit Against Legg Mason, Inc.; 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