MutualFundWire.com: What Will the Supremes Do About Janus?
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Monday, December 27, 2010

What Will the Supremes Do About Janus?


Fundsters following the Janus [see profile] prospectus lawsuit brought by Janus' (not its mutual funds') shareholders may want to look at this morning's edition of the Wall Street Journal. The WSJ opines that the Supreme Court, which recently heard oral arguments in Janus Capital v. 1st Derivative Traders, should "stop this raid on the rule of law" by not allowing investors to sue the mutual fund firm for its $100 million suffering under the market timing settlement in 2004.


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