Janus, SAC, Others Targeted In Insider Trading Probe

Law360, New York (November 23, 2010, 7:28 PM EST) -- Mutual fund company Janus Capital Group Inc. has received an inquiry related to a growing insider trading investigation led by U.S. Attorney for the Southern District of New York Preet Bharara.

In a filing Tuesday with the U.S. Securities and Exchange Commission, Janus Capital revealed that government investigators had contacted the company seeking “general information ... regarding the recently disclosed insider trading investigation on Wall Street.”

According to multiple news reports, SAC Capital Advisors LP owner Steven A. Cohen also received a subpoena related to the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.