The Law Firm of Levi & Korsinsky, LLP Notifies Shareholders of Claims of Breaches of Fiduciary Duty Against the Board
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NEW YORK, NY, Aug 10 (MARKET WIRE) --
Levi & Korsinsky, LLP notifies investors in Janus Capital Group Inc.
("Janus Capital" or the "Company") (NYSE: JNS) of claims of breaches of
fiduciary duty by the Board of Directors of the Company in connection
with the Company's 2010 compensation for its CEO and other executives. If
you owned shares during this time period, you may be affected. A
complaint was filed in Colorado district court.
To get more information, click here: http://zlk.9nl.com/januscap/.
At the Company's annual shareholder meeting held April 28, 2011,
shareholders voted "no" on Janus Capital Group's say on pay provision.
The claims concern whether certain senior officers and executives of
Janus Capital were awarded salaries, bonuses, and/or other forms of
compensation that were excessive or unwarranted based on Janus Capital's
performance.
Specifically, Janus Capital's CEO earned a total compensation of $20.33
million in 2010, including $10 million in restricted stock. Shares of
Janus Capital traded as low as $3.95 per share in March of 2009, with the
Company's Total Revenue dropping from $1.117 billion in 2007 to $848.70
million in 2009.
If you own common stock in Janus Capital and would like to speak to an
attorney, please contact Eduard Korsinsky, Esq. either via email at
ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972,
or visit http://zlk.9nl.com/Janus/.
Levi & Korsinsky has expertise in protecting shareholders' rights and
prosecuting investor securities litigation. The attorneys at Levi &
Korsinsky have extensive experience in litigating actions on behalf of
shareholders victimized by financial fraud and represent investors
throughout the nation. Levi & Korsinsky has been appointed by numerous
courts throughout the country to serve as lead counsel on behalf of
shareholders in major securities fraud cases. For more information,
please feel free to contact any of the attorneys listed below.
Attorney advertising. Please be aware that prior results never guarantee
similar future outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
Copyright 2011, Market Wire, All rights reserved.
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