NEW YORK–(BUSINESS WIRE)–Oct. 28, 2003–The law firm of SHALOV STONE & BONNER LLP announces that a class action lawsuit was filed in the District of New Jersey on September 23, 2003 on behalfof purchasers of the securities of the Janus Funds family of funds (the “Funds”) owned and operated by Janus Financial Corporation, between October 1, 1998 and July 3, 2003, inclusive, (the “ClassPeriod”), seeking to pursue remedies under the federal securities laws.
The class action is being prosecuted by SHALOV STONE & BONNER LLP, which has substantial experience litigating claims on behalf of mutual fund investors. For more information about the firm or the lawsuit please visit the firm’s website at http://www.lawssb.com.
The Complaint charges that, throughout the Class Period, defendants failed to disclose that they improperly allowed certain hedge funds, such as Canary Capital Partners, to engage in “late trading” and “timing” of the Funds’ securities, which are improper practices that injured ordinary investors.
Plaintiffs allege that investors in the following funds have been injured as a result of defendants’ conduct: JANSX, JAENX, JAMRX, JAOLX, JAGTX, JORNX, JAVLX, JAVTX, JAGLX, JGVAX, JAOSX, JAWWX, JABAX, JAEIX, JAGIX, JSVAX, JRMSX, JMCVX, JMIVX, JSCVX, JSIVX, JATEX, JAFIX, JAHYX, JASBX, JAMXX, JAGXX, JATXX .
SHALOV STONE & BONNER LLP has offices in New York City and Morristown, New Jersey. For more information about SHALOV STONE & BONNER LLP or the lawsuit, please visit the firm’s website at: http://www.lawssb.com or contact Lauren Fishman at (212) 239-4340.
