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20 Sep 2011, 7:41 am
In a 5-4 decision issued on June 13, 2011, the Supreme Court ruled that Janus Capital Management LLC (“JCM”), the investment adviser and administrator for Janus Investment Fund, could not be held liable under Section 10(b) and Rule 10b-5 for helping to create allegedly “false statements in mutual fund prospectuses filed by Janus Investment Fund. [read post]
