Quantcast
Home / DC News / Supreme Court Decisions / SECURITIES FRAUD

SECURITIES FRAUD

A service management company cannot be liable under Securities and Exchange Commission Rule 10b-5 for alleged securities violations of the mutual funds it sponsors. See "Supreme Court nixes shareholders' 10-b claim." U.S. Supreme Court. Janus Capital Group v. First Derivative Traders, No. 09-525. June 13, 2011. Lawyers USA No. 993-2992