IN RE MUTUAL FUNDS INV. LITIGATION

Nos. 04-MD-15863, 04-CV-518.

681 F.Supp.2d 622 (2010)

In re MUTUAL FUNDS INVESTMENT LITIGATION. Steinberg et al. v. Janus Capital Management LLC et al.

United States District Court, D. Maryland.

January 20, 2010.


Attorney(s) appearing for the Case

Denise Davis Schwartzman, Timothy Newlyn Mathews, Nicholas E. Chimicles, Chimicles and Tikellis LLP, Haverford, PA, Mark Carl Rifkin, Wolf Haldenstein Adler Freeman and Herz LLP, New York, NY, for Plaintiff.

James Clark, Gibson Dunn and Crutcher LLP, Los Angeles, CA, Mark A. Perry, Gibson Dunn and Crutcher LLP, Washington, DC, Jonathan D. Polkes, Weil Gotshal and Manges LLP, New York, NY, for Defendant.


MEMORANDUM

J. FREDERICK MOTZ, District Judge.

Fund Derivative Plaintiffs ("Plaintiffs") have sued Janus Capital Management ("JCM") and Janus Distributors LLC ("JD") under Section 36(b) of the Investment Company Act ("ICA"), 15 U.S.C. § 80a-35(b). Defendants have filed a Motion for Summary Judgment. For the reasons explained below, this motion will be granted.

I.

"Janus Defendants...

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