JNS Janus Capital Group Inc

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Janus Capital Group, Inc.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Janus Capital Group, Inc. ("Janus” or "the Company") (NYSE: JNS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Henderson Group plc (“Henderson”).

Click here to learn more about the investigation http://brodsky-smith.com/1123-jns-janus-capital-group-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Janus shareholders will receive only 4.7190 shares of Henderson for each share of Janus stock they own. The investigation concerns whether the Board of Janus breached their fiduciary duties to shareholders and whether Henderson is underpaying for the Company. The transaction may undervalue the Company and would result in a loss for many long-term Janus shareholders. In addition, the investigation seeks to determine if conflicts of interest played a role in the transaction. It has been reported that the sole banking advisor to Janus may receive its largest fee ever or as much as $20 million if the transaction is completed.

If you own shares of Janus stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/1123-jns-janus-capital-group-inc.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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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