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  • Bloomberglast year

    LendingClub Said in Talks With Western Asset on Loan Buying

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  • Reuterslast year

    Ex-Western Asset employee avoids prison for computer intrusion

    A former employee of Western Asset Management Co avoided prison Thursday for repeatedly accessing an ex-supervisor's email account after leaving the financial firm, conduct his attorney blamed on a concern that he was being criticized. Kristopher Rocchio, 39, was sentenced by U.S. Magistrate Judge Henry Pitman in Manhattan to one year of probation, 100 hours of community service and ordered to pay $39,095 in restitution. The sentence was confirmed by the office of Manhattan U.S. Attorney Preet Bharara, which had sought up to a year in prison, and followed Rocchio's guilty plea in March to a misdemeanor charge of unauthorized computer intrusion.