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Tuesday May 11, 04:24
Janus to take $82 mln after tax charge

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)

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