JNS Janus Capital Group Inc

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of Janus Capital Group, Inc. to Henderson Group plc is Fair to Shareholders

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Janus Capital Group, Inc. (“Janus”) (NYSE:JNS) stock prior to October 3, 2016.

You are hereby notified that Levi & Korsinsky, LLP continues an investigation into the fairness of the sale of Janus to Henderson Group plc. Under the terms of the transaction, Janus shareholders will receive 4.7190 shares of Henderson for each share of Janus stock they own. To learn more about the action and your rights, go to:

http://zlk.9nl.com/jns-janus

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

EN
06/10/2016

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Reports on Janus Capital Group Inc

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus Goes into Merger with Henderson in Much Weaker Position; No Chan...

There was little in narrow moat-rated Janus Capital Group's first-quarter results that would alter our view of the firm. We are leaving our $14 per share fair value estimate, which is based on the purchase price ascribed to the "merger of equals" between Janus and the Henderson Group, in place. Management continues to expect the deal to close at the end of May. Janus closed out the March quarter with $204.7 billion in total AUM, up 4.0% sequentially and 7.0% on a year-over-year basis. The firm's...

 PRESS RELEASE

Janus Capital Group Inc. Announces First Quarter 2017 Results

DENVER--(BUSINESS WIRE)-- Janus Capital Group Inc. (“JCG”) (NYSE: JNS) today reported first quarter 2017 net income of $30.9 million, or $0.17 per diluted share, compared with fourth quarter 2016 net income of $30.9 million, or $0.17 per diluted share, and net income of $35.1 million, or $0.19 per diluted share in the first quarter 2016. First quarter 2017 net income adjusted for merger-related costs was $43.8 million, or $0.23 per diluted share. Fourth quarter 2016 net income adjusted for merger-related costs was $37.2 milli...

 PRESS RELEASE

Janus Capital Group to Announce First Quarter 2017 Results Thursday, A...

DENVER--(BUSINESS WIRE)-- Janus Capital Group Inc. (NYSE:JNS) will release its first quarter 2017 financial results before the market opens Thursday, April 20, 2017. The company will host a conference call and webcast that day at 10 a.m. ET to discuss its results. To participate in the conference call, please dial (888) 397-5338 in the U.S. and Canada or (719) 325-2145 internationally. The webcast as well as the slides used during the presentation can be accessed via the investor relations section of Janus Capital Group’s website (htt...

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus' merger with Henderson Group makes sense strategically but doesn...

In a widely anticipated move, the Federal Reserve raised its target for the federal funds rate by 25 basis points to 0.50%-0.75%. As we noted ahead of the Federal Open Market Committee meeting, however, inflation is still below the committee’s 2% goal and business fixed investment remains below desired levels. We believe these data points support our view that low real interest rates are needed to ensure full utilization of labor and capital for some time. We incorporate a federal funds rate...

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus Posts Weaker-Than-Expected 4Q Results; Henderson Merger on Track...

There was little in narrow-moat-rated Janus Capital Group's fourth-quarter results that would alter our view of the firm. That said, we are lowering our fair value estimate, which is based on the purchase price ascribed to the "merger of equals" between Janus and the Henderson Group, to $14 per share based on changes in the value of the British pound and Henderson's shares since the deal was announced. Management continues to project a second quarter of 2017 (likely end of May) close for the mer...

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