The gist of the case is this: Janus Capital Group, Inc. is the publicly-traded parent company of the investment adviser Janus Capital Management, LLC.
FORBES: Supreme Court to Defrauded Investors: "Sorry, Charlie"
However, shareholders of the publicly-traded parent company saw share prices of Janus Capital Group, Inc. suffer as a result of the scandal as well.
Earlier this week, I spoke with interfluidity author Steve Randy Waldman on Benzinga Radio about a recent Supreme Court reversal on Janus Capital Group, Inc. v.
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