June 16, 2011, Advisors/Planners/Reps , Regulations/Legal , News
Wolters Kluwer weighs in on Supreme Court’s Janus decision
In its 5-4 decision on Janus Capital Group, Inc. v. First Derivatives Traders, a lawsuit first filed in 2003, the high court held that liability for allegedly misleading statements in Janus' mutual fund prospectuses did not extend to the funds' investment advisers.
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