She is a member of the staff at Putnam Investments in Boston.

Another $938 million in the plan was in funds managed by, you guessed it, Putnam Investments.

The settlement with Putnam Investments announced yesterday will produce governance changes before financial penalties are determined.

Putnam Investments, the fifth-largest mutual fund company, has $272 billion under management.

He then joined Putnam Investments as co-lead of the investment division.

Massachusetts became the first state to file a civil lawsuit charging fraud against a fund company, Putnam Investments.

David King, a senior portfolio manager at Putnam Investments, said he did not think the market's action was surprising.

Putnam Investments also has a way with introductions: all four of the funds it started placed in the top 40 percent.

And Putnam Investments settled the securities fraud lawsuit brought by regulators.

Putnam Investments was accused of securities fraud last week.