Janus Capital Group, Inc. v. First Derivative Traders

Janus Capital Group, Inc. v. First Derivative Traders
Supreme Court of the United States
Argued December 7, 2010 Decided June 13, 2011
Full case name	Janus Capital Group, Inc., et al. v. First Derivative Traders
Docket no.	09-525
Citations	564 U.S. 135 (more) 131 S. Ct. 2296; 180 L. Ed. 2d 166
Argument	Oral argument
Case history
Prior	Dismissed sub nom. In re Mutual Funds Inv. Litigation, 487 F. Supp. 2d 618 (D. Md. 2007); reversed, 566 F.3d 111 (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
Majority	Thomas, joined by Roberts, Scalia, Kennedy, Alito
Dissent	Breyer, 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]

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External links[]

• Text of Janus Capital Group, Inc. v. First Derivative Traders, 564 U.S. 135 (2011) is available from: Justia  Oyez (oral argument audio)  Supreme Court (slip opinion) 

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