Western Asset Management Company, LLC Investors: Please contact the Portnoy Law Firm to recover your losses; September 5, 2025 Deadline to file Lead Plaintiff Motion

Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, July 09, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Western Asset Management Company, LLC ("Wamco" or the "Company") specifically those who purchased shares of the following mutual fund classes: Class I (ticker: “WATFX”), Class A (ticker: “WABAX”), Class C (ticker: “WABCX”), Class FI (ticker: “WAPIX”), Class IS (ticker: “WACSX”), and Class R (ticker: “WABRX”) – and the “Western Asset Core Plus Bond Fund” mutual fund classes – Class A (ticker: “WAPAX”), Class C (ticker: “WAPCX”), Class C1 (ticker: “LWCPX”), Class FI (ticker: “WACIX”), Class R (ticker: “WAPRX”), Class I (ticker: “WACPX”), Class IS (ticker: “WAPSX”) investors of a class action representing investors that bought securities between January 1, 2021 and October 31, 2023, inclusive (the "Class Period"). Wamco investors have until September 5, 2025 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

According to the lawsuit, throughout the Class Period, Defendants failed to disclose that: (1) they favored certain WAMCO investment strategies, such as Macro Opportunities, over others, including Core and Core Plus; (2) they actively disfavored strategies like Core and Core Plus; (3) WAMCO’s compliance policies and procedures—purportedly designed to ensure fair allocation of investment opportunities—were either inadequate or intentionally disregarded, allowing Leech and his team to allocate trades in a biased manner; and (4) any oversight mechanisms in place were similarly ineffective or ignored, enabling the preferential treatment of certain strategies at the expense of others. As a result, Defendants’ conduct constituted a fraud or deceit upon the Class, artificially suppressing the value of the Western Asset US Core strategy mutual fund classes during the Class Period and causing losses to investors.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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