WASHINGTON/BOSTON (Reuters) - Janus Capital Group Inc and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled on Monday.
Reuters: Business News, Reuters: Business
Mon, 06/13/2011 - 8:38am
WASHINGTON/BOSTON (Reuters) - Janus Capital Group Inc and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled on Monday.