The investigation centers on whether Putnam misled the public regarding its business practices, a move that may have caused financial harm to shareholders. Under a contingency fee arrangement, investors who purchased these funds could seek compensation for losses without incurring out-of-pocket legal expenses.

Rosen Law Firm, which specializes in shareholder derivative litigation and securities class actions, is positioning itself to lead the potential litigation. The firm claims a significant track record in the field, citing its top-tier rankings by ISS Securities Class Action Services and substantial historical recoveries, including over $438 million secured for investors in 2019. Interested parties are directed to register through the firm’s website or contact Phillip Kim directly to participate in the inquiry.