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BENEarnings CallLR 3.50
Franklin Resources: DOJ Tail Risk Removal + Margin Expansion to 30-35%
Binary tail risk removal (DOJ no criminal charges) + concrete margin expansion roadmap (26% → 30-35%) creates compounding operating leverage story. January 2026 net flows inflection including Western Asset validates overhang lifting in real-time. 1. Western Asset DOJ Resolution (LR: 4.0) DOJ announc
BENEarnings CallLR 4.00
Franklin Resources DOJ Resolution Removes Criminal Prosecution Risk, Management Guides to 30-35% Margins
Franklin Resources disclosed on its Q1 FY2026 earnings call that the Department of Justice has concluded its investigation into subsidiary Western Asset Management with a civil resolution only—no criminal charges will be filed. The company also provided specific multi-year margin expansion guidance