8legs: Franklin resources, inc.

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Ex-PM accuses Franklin Templeton of disguising retaliation as a layoff

Strah files a lawsuit in NY federal court alleging retaliation disguised as a layoff after reporting trading fraud.
The lawsuit, filed April 26, 2026 in the Southern District of New York, targets Franklin Resources and affiliates.
Strah alleges data manipulation was ignored and retaliation followed after he raised concerns.
The termination occurred on March 25, 2025, following a 2025 review Strah calls retaliatory.
Strah says the stress contributed to health issues, including high blood pressure discovered in March 2025.
Franklin Templeton has not publicly commented on the lawsuit as of the filing.
The case cites Sarbanes-Oxley Act and New York Labor Law in the allegations.
The plaintiff argues he was uniquely qualified to run the fund with critical access and knowledge.
The filing notes ongoing investigations and no court ruling yet on the claims.

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