Janus Capital Group, Inc. (NYSE: JNS)

The firm is investigating a derivative case against Janus Capital Group, Inc. (NYSE: JNS), a holding company incorporated in Delaware with approximately $167.7 billion in assets under management. The Company provides retirement, investment, and tax planning services to its clients.

From 2006-2010, there seems to have been no correlation between shareholder returns and executive compensation, and despite the company’s poor performance, executive compensation in 2009 and 2010 was increased by 52%. Even more striking, before even performing a single act of duty, the Company’s newly hired CEO was given an “inducement award” worth $10M, representing almost 50% of his total compensation for 2010. Furthermore, the $50M awarded to Janus executives in 2010 is equal to 30% of the company’s net income. At the Company’s annual shareholder meeting on April 28, 2011, 67% of Janus’ shareholders voted down its compensation plan.

We seek to commence a shareholder derivative action on behalf of Janus Capital Group against certain of its current officers and directors for breach of fiduciary duty, waste of corporate assets, and unjust enrichment relating to the Board's excessive compensation practices.

If you are a current shareholder and would like to discuss your options of exercising your rights as a shareholder, which includes ensuring that the board of directors will act in the best interest of the shareholders, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.