MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, April 26, 2007 Fund Bomber's Package Went to Wrong Address It turns out that a third fund firm received a package from the "Bishop" bomber -- but it was not the intended recipient. Yesterday, authorities said Janus and American Century were sent pipe bombs by a person calling himself the "Bishop." One of the two pipe-bomb packages was addressed to the Janus Small Cap Fund. The problem for the "Bishop" (who police now claim is John P. Tomkins) is that those who ended up on the receiving end of the sinister package, worked at Perkins, Wolf, McDonnell and Co. Janus forwarded the parcel, unopened, to Chicago-based Perkins, which is a subadviser on two of Janus' funds -- the Janus Small Cap and Mid-Cap Value Funds. Contacted for comment, an executive confirmed to The MFWire.com that Perkins remains the subadviser to the funds and referred all further questions to a Janus spokesperson, who did not immediately return a call seeking comment. Tomkins allegedly sent the bombs and more than a dozen letters to a number of executives in an apparent effort to increase the price of 3Com and Navarre common stock starting in 2005. Tomkins also sent letters to executives at American Century Investments and Navarre Corp. He also sent a pipe bomb to American Century. Authorities arrested Tomkins Wednesday during his commute to work. (see "Authorities Arrest Man Who Mailed Bombs to Two Fund Firms," April 25, 2007) Printed from: MFWire.com/story.asp?s=14188 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |