In researching some fund options for my IRA, I thought the Janus Mid-Cap Investor looked great. Now I find out that Janus is one of the fund companies involved in last week's scandal revelation about hedge funds timing trading. Morningstar took it off their "picks" list, and they're encouraging people to avoid investing in the funds of the companies involved. (FYI, the managers of this particular fund were independents, and only became part of Janus a couple of months ago.)I also found out that Ron Baron's company settled with the SEC over stock price manipulation. And we have money in the Baron Growth fund.So, what do you guys think about investing with companies who are under scrutiny right now? Should this affect our fund choices? Or can we hope that the rotten parts of the apples will be cut off, and any executives with questionable ethics will be fired?
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