Janus reported third quarter earnings of $8.2 million, or five cents a share, a 68% decline from the $25.4 million, or 16 cents a share, it earned in the year ago. Revenue declined 17% to $227.6 million.

Janus said the results include $10.5 million in legal settlements and a $12.1 million severance payment to its former CEO.

Assets under management, however, rose 14% to $151.8 billion.

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