The Importance Of Janus V. First Derivative Traders

Law360, New York (January 25, 2010, 3:32 PM EST) -- On Jan. 11, 2010, the U.S. Supreme Court took an important step in a case that should be of interest to investment advisers, accountants and others who provide services to issuers of securities.

The Supreme Court issued an order inviting the Solicitor General of the United States (“SG”) to file a brief expressing the views of the United States on whether the court should review a recent ruling by the Fourth Circuit in Janus Capital Group v. First Derivative Traders, 566 F.3d 111 (4th Cir. May...
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