Goodyear Tire & Rubber Co., Akron, Ohio, is monitoring Franklin Resources because of market-timing accusations against the firm by Massachusetts securities regulators. Goodyear's $1.7 billion defined contribution plan offers two Franklin Templeton funds among its 10 investment options. Hewitt is bundled provider. "We are closely monitoring the situation and we will take action if we deem that that's in the best interests of our participants," a company spokeswoman said.
Stacey Johnston, spokeswoman for Franklin Templeton, declined to comment.
