According to the Associated Press, the United States Supreme Court has once again sided with big business even in situations where deception is involved. The Court threw out a lawsuit filed by investors against Janus Capital Group who were seeking to hold the company liable for allegedly false statements in some Janus mutual fund documents. The court’s 5-4 ruling reversed an appeals court decision that allowed the lawsuit to go forward. The key issue is whether the adviser to a mutual fund can be held financially responsible for false statements in the fund’s prospectus. The court was ideologically divided. As expected, the five conservative justices said the case should be dismissed. Effectively, a mutual fund company can now put whatever lies they want in their sales materials and their advisers do not have to worry about the recourse.
Blog
Scroll For More
Yet Another Blow to Consumers by the High Court
Categories
- Attorney Perspectives (129)
- Aviation Accident (24)
- Bar Association (16)
- Car & Truck Accidents (1,011)
- Commercial Litigation (71)
- Dram Shop Liability (6)
- Explosion (36)
- Firm Case News (309)
- Individual Legal Resources (18)
- Insurance Litigation (5)
- Legal Associations (19)
- Legal News (5)
- Legislative Issues (137)
- Life in a Law Firm (7)
- Maritime Accidents (38)
- Medical Malpractice (248)
- Negligence (72)
- Oil and Gas Accidents (189)
- Personal Injury (272)
- Premises Liability (61)
- Product Liability (278)
- Uncategorized (100)
- Worker Injury (192)
- Wrongful Death (94)
Archives
Our Record Of Success
The firm successfully represented nearly 100 victims who suffered personal injuries and damages to property from a large fire and explosion resulting in a settlement of more than $50 million. The firm served as lead lawyers on the steering committee in this litigation.
The firm successfully represented 270 plaintiffs, taking a lead role in the plaintiffs’ steering committee, who suffered injuries in a large plant explosion resulting in a settlement of nearly $80 million.
The firm successfully represented 45 personal injury victims in a plant fire and explosion, serving on the plaintiffs steering committee, concluding with a settlement of more than $50 million.
The firm prevailed in a personal injury trial for a worksite injury client with the jury returning a verdict and resulting in a judgment of over $22 million for the firm’s client.
The firm successfully achieved a $12 million settlement for the family of a man who died in an 18 wheeler collision.
The firm prevailed on behalf of three burn victims with settlements totaling nearly $48 million.
Learn more about the Annual Text Free Texas Scholarship Contest
VIRTUAL OFFICE TOUR
Take a virtual tour of our office online!
Get Your Free Case Review