|5075||Director Liability After Janus: Seismic Change, Status Quo, or Something in Between||30||Jul||2:00PM||3:00PM||July||Thursday||21||2011||
In June, the US Supreme Court decided the case of Janus Capital Group v. First Derivatives Traders. The court held in that case that investors cannot sue an investment adviser for misrepresentations in a mutual fund prospectus, because the adviser does not "make" the statements in the disclosure under the antifraud laws. Under the court's reasoning, only a mutual fund and its own directors or trustees who actually "make" the statements in the prospectus can be liable to investors for misrepresentations and omissions. This webinar examined the holding in the Janus case and will explored whether, or to what extent, the case alters the legal exposure of fund trustees and directors.
The event was broadcasted live from 2:00 to 3:00 Eastern time on Thursday, July 21.
|Forum Webinar Series||
WHO SHOULD ATTEND
PRESS / MEDIA