Investors Tell High Court Janus Is Liable For Funds

By Jesse Greenspan (December 7, 2010, 7:06 PM EST) -- An attorney for a putative class of investors argued Tuesday before the U.S. Supreme Court that Janus Capital Management LLC was essentially the same entity as the mutual funds it controlled and that it should therefore be liable for market timing misstatements contained in the funds' prospectuses....

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