Janus Capital Group, Inc. v. First Derivative Traders

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Janus Capital Group, Inc. v. First Derivative Traders
3d Cir. 2009); cert. granted, 561 U.S. 1024 (2010).
Holding
A service provider cannot be held liable in a private action under SEC Rule 10b-5.
Court membership
Chief Justice
John Roberts
Associate Justices
Antonin Scalia · Anthony Kennedy
Clarence Thomas · Ruth Bader Ginsburg
Stephen Breyer · Samuel Alito
Sonia Sotomayor · Elena Kagan
Case opinions
MajorityThomas, joined by Roberts, Scalia, Kennedy, Alito
DissentBreyer, joined by Ginsburg, Sotomayor, Kagan

Janus Capital Group, Inc. v. First Derivative Traders, 564 U.S. 135 (2011), was a case before the Supreme Court of the United States in which the Court held that a service provider cannot be held liable in a private action under SEC Rule 10b-5.[1]

References

  1. ^ Janus Capital Group v. First Derivative Traders United States Supreme Court, Syllabus p. 1, "Held: Because the false statements included in the prospectuses were made by Janus Investment Fund, not by JCM, JCM and JCG cannot be held liable in a private action under Rule 10b–5."

External links