Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:After a Viral Confrontation Video, Franklin Fires a PM Not Rated 4.0 Email Routing List Email & Route  Print Print
Wednesday, May 27, 2020

After a Viral Confrontation Video, Franklin Fires a PM

News summary by MFWire's editors

Leadership at Franklin Resources (dba Franklin Templeton [profile]) has pushed out a PM in the wake of a viral video of an argument and 911 call over the holiday weekend.

"Following our internal review of the incident in Central Park yesterday, we have made the decision to terminate the employee involved, effective immediately," the Franklin team posted yesterday via the company's Twitter account. "We do not tolerate racism of any kind at Franklin Templeton."

The now-former Franklin employee in question is Amy Cooper, who led insurance investment solutions and served as a PM. On Monday morning, Cooper was walking her dog in New York City's Central Park when she got into an argument over her dog being off its leash in an area where leashes are required. The birdwatcher, who is a black man, filmed Cooper, who is white, as she called 911, saying that an African-American man was threatening her and her dog.

That video, after being shared on Monday afternoon on social media, already has tens of millions of views, and the incident has been covered by a host of publications, including Bloomberg, Citywire, Institutional Investor, the New York Daily News, New York Post, Newsweek, P&I, and Vice. Cooper subsequently apologized for the incident.

Franklin's leadership initially put Cooper on leave while investigating.  

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use