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Ken Leech to Plead Guilty in US ‘Cherry Picking’ Fraud Case

Bloomberg Markets · Jun 12, 2026, 1:09 PM · Also reported by 3 other sources

Ken Leech, the former co-chief investment officer at Western Asset Management Co., will plead guilty in a case related to allegations that he fraudulently assigned winning trades to favored clients while forcing others to take losses, days before he was to face a federal criminal trial.

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Ken Leech to Plead Guilty in US ‘Cherry Picking’ Fraud Case

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