United States Supreme Court
Janus Capital Group, Inc. v. First Derivative Traders, 09-525
In a dispute arising from a Rule 10-5 action for securities fraud, judgment of the appeals court is reversed where petitioner cannot be held liable for statements contained in mutual fund prospectuses it advised on and administrated as a control person, because petitioner did not itself make those statements.
Appellate Information
- Decided 06/13/2011
- Published 06/13/2011
Judges
- THOMAS
Court
- United States Supreme Court