Western Asset US Core Bond Fund Class Action Lawsuit: Recall and Class Action Deadline

Strategic Insights -

Investors who purchased the Western Asset US Core Bond Fund mutual fund classes between January 1, 2021, and October 31, 2023, may be entitled to compensation without payment of out-of-pocket fees or costs. The Rosen Law Firm, a global investor rights law firm, reminds investors of the important September 5, 2025, lead plaintiff deadline in the WAMCO class action lawsuit. The lawsuit alleges that defendants failed to warn investors about the favoring of certain WAMCO strategies over others, which artificially reduced the price of the "Western Asset US Core strategy" mutual fund classes during the Class Period.

Key Takeaways:

  • The WAMCO class action lawsuit targets investors who purchased Western Asset US Core Bond Fund mutual fund classes between January 1, 2021, and October 31, 2023.
  • The lawsuit alleges that defendants failed to warn investors about the favoring of certain WAMCO strategies, which artificially reduced the price of the mutual fund classes during the Class Period.
  • The Rosen Law Firm represents investors throughout the globe, specializing in securities class actions and shareholder derivative litigation.
  • The firm has achieved significant successes, including the largest-ever securities class action settlement against a Chinese Company at the time.
  • In 2019, the firm secured over $438 million for investors, and in 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs' Bar by law360.

Statistics:

  • The Class Period spans from January 1, 2021, to October 31, 2023.
  • The lead plaintiff deadline is September 5, 2025.
  • The Rosen Law Firm has recovered hundreds of millions of dollars for investors.
  • In 2017, the firm was ranked No. 1 by ISS Securities Class Action Services for the largest number of securities class action settlements.

Sources:

  • Newsfile Corp. - August 16, 2025
  • Rosen Law Firm website: https://rosenlegal.com/
  • LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
  • Twitter: https://twitter.com/rosen_firm
  • Facebook: https://www.facebook.com/rosenlawfirm