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WAMCO hit with demands, books/records requests, 36(b) suit


A new excessive fees lawsuit has been filed against Western Asset Management Co. (WAMCO) by a plaintiff who also has taken initial steps to file breach of fiduciary duty litigation. Claiming section 36(b) violations, Winston v. Western Asset Mgmt. Co. focuses on the fees charged for the Western Asset/Claymore Inflation-Linked Securities ... Log in to view full article.