Janus Capital Group, Inc. v. First Derivative Traders | |
---|---|
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 | |
| |
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]