Rosen Law Firm Announces Class Action Lawsuit against Western Asset US Core Bond Fund

Strategic Insights -

Pursuers of the "Western Asset US Core Bond Fund" mutual fund classes are advised to take action as the lead plaintiff deadline for the class action lawsuit approaches. The lawsuit alleges that defendants failed to fairly allocate investment opportunities among strategies, leading to artificially reduced prices during the class period. Investors who purchased WAMCO mutual funds between January 1, 2021, and October 31, 2023, may be entitled to compensation without out-of-pocket fees or costs through a contingency fee arrangement.

Key Takeaways:

  • The class action lawsuit was filed against the Western Asset US Core Bond Fund, alleging that defendants favored certain WAMCO strategies over others.
  • The lawsuit claims that defendants failed to warn investors about the unfair allocation of investment opportunities among strategies.
  • Investors who purchased WAMCO mutual funds between January 1, 2021, and October 31, 2023, may be entitled to compensation without out-of-pocket fees or costs through a contingency fee arrangement.
  • The lead plaintiff deadline is September 5, 2025.
  • The Rosen Law Firm, P.A. is representing investors throughout the globe in securities class actions and shareholder derivative litigation.
  • The law firm achieved the largest ever securities class action settlement against a Chinese company at the time and was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Statistics:

  • $438 million recovered for investors in 2019.
  • $262.8 billion in total assets under management for The Rosen Law Firm, P.A. (2020).
  • 272 securities class actions litigated by The Rosen Law Firm, P.A. since 2013.
  • 2017: The Rosen Law Firm, P.A. was ranked No. 1 by ISS Securities Class Action Services for number of settlements.

Sources:

  • "Rosen Law Firm, P.A. Announces Filing of Securities Class Action Lawsuit against Western Asset US Core Bond Fund"

+ Source: Newsfile Corp.

+ Date: August 17, 2025

  • The Rosen Law Firm, P.A. Attorney Advertising

+ Source: The Rosen Law Firm, P.A. website

+ Date: N/A