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Rating:Majority of Janus Investors will See No Fair Fund Money Not Rated 2.0 Email Routing List Email & Route  Print Print
Wednesday, June 06, 2007

Majority of Janus Investors will See No Fair Fund Money

by: Erin Kello

Janus will only be mailing checks to investors whose losses amount to least $10, according to a proposed distribution plan released last week. The money being distributed is from the Fair Fund in connection with the Janus market timing settlement. Under the proposed plan, posted on the SEC Web site, about two-thirds of investors will not see a penny because their losses total less than $10. The public has until July 2 to comment on the proposed distribution plan.  

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