Janus’s settlement with regulators over improper mutual fund trading will result in the mutual fund giant taking an after tax charge of $82 million, according to Chief Financial Officer Loren Starr. The $82 million includes a $59 million charge that was previously announced. Starr, speaking at a financial services conference Monday, said Janus (JNS) also plans to finalize its settlement with regulators "in weeks not months," he said.
(CBSMarketWatch.com)