Bulldog Investors Plans to Sue BrandywineGLOBAL-Global Income Opportunities Fund

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Jun 30, 2020
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Bulldog Investors, LLC (“Bulldog”) today announced that it expects to sue BrandywineGLOBAL-Global Income Opportunities Fund (NYSE: BWG) to challenge the validity of a new management agreement with Legg Mason Partners Fund Advisor, LLC. Shareholders were required to approve the agreement at a special meeting to be held on June 5, 2020. That meeting was postponed twice, first to June 16, 2020, and then to July 6, 2020 despite the likelihood that a quorum would have been present on June 5th.