All Legg Mason articles

  • Blog post

    Legg Mason to pay $34M to resolve FCPA charge

    2018-08-28T11:15:00Z

    Investment management firm Legg Mason will pay over $34 million to resolve a charge brought by the Securities and Exchange Commission that the company violated the Foreign Corrupt Practices Act in a scheme to bribe Libyan government officials.

  • Blog post

    Legg Mason to pay $64.2M in FCPA case

    2018-06-07T15:30:00Z

    Investment management firm Legg Mason entered a non-prosecution agreement and agreed to pay $64.2 million to resolve an investigation into violations of the Foreign Corrupt Practices Act concerning Legg Mason’s participation in a Libyan bribery scheme, the Department of Justice announced.

  • Blog post

    Legg Mason accrues $67M charge to earnings for FCPA matter

    2018-05-31T11:45:00Z

    U.S. investment management firm Legg Mason disclosed in a securities filing on May 30 that it expects to soon complete negotiations with both the U.S. Department of Justice and the SEC to resolve a Foreign Corrupt Practices Act investigation.