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Rating:Franklin Collects $32 million for Sept. 11 Attacks Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 18, 2004

Franklin Collects $32 million for Sept. 11 Attacks

by: Sean Hanna, Editor in Chief

Franklin Resources has received $32.5 million from insurers to cover its loses in the September 11 attacks on the World Trade Center, according to an SEC filing.

The payments reimburse the fund management company for loses suffered by at its Fiduciary Trust subsidiary. Fiduciary Trust had been headquartered in the towers.  

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