
Franklin/Templeton Distributors, Inc. Agreed to pay $18 million to settle a state lawsuit alleging it violated state securities laws by not adequately informing investors about agreements to pay broker-dealers to recommend and sell Franklin Templeton mutual funds. For more info visit https://www.oag.ca.gov/news/press-releases/attorney-general-lockyer-announces-18-million-settlement-franklin-templeton-fund