Ken Leech to Plead Guilty in US ‘Cherry Picking’ Fraud Case

Source: bloombergMarkets June 12, 2026 · 06:09
Ken Leech, the former co-chief investment officer at Western Asset Management Co., will plead guilty in a case related to allegations that he fraudulently assigned winning trades to favored clients while forcing others to take losses, days before he was to face a federal criminal trial.

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