The gist of the case is this: Janus Capital Group, Inc. is the publicly-traded parent company of the investment adviser Janus Capital Management, LLC.

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Mr. Moore, who runs an alternative investment-management company called GCM Capital Management, says that right now he would rather keep his money in his business rather than plunk it down on a large down payment, especially when he doesn't plan to stay in one place for more than five or 10 years.

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The Wall Street Journal reported that several investment funds, including Cadian Capital Management and Barclays, have taken out significant short positions on the company, expecting its stock to fall.

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