Morgan Keegan Investment Fraud
Investors have filed class action lawsuits as well as individual arbitrations against Regions Morgan Keegan. The suits allege that the Funds and defendants misrepresented or failed to disclose certain material facts related to investments in the Select Intermediate Bond Fund (“MKIBX”) and the Select High Income Fund (“RHIIX”).
Investors who purchased or acquired shares of Regions Morgan Keegan Select Intermediate Bond Fund or Select High Income Fund from December 6, 2004 through October 3, 2007, may have a claim to recover for their losses.
Morgan Keegan Fund Losses*
| Ticker | Bond Fund | 2007 | 2008 |
|---|---|---|---|
| RMH | RMK High Income Fund | (-)58.0% | (-)39.0% |
| RHY | RMK Multi-Sector High Income Fund | (-)60.6% | (-)44.5% |
| RMA | RMK Advantage Income Fund | (-)56.9% | (-)39.1% |
| RSF | RMK Strategic Income Fund | (-)58.1% | (-)42.0% |
| RHICX | RMK Select High Income-C | (-)59.9% | (-)45.9% |
| MKHIX | RMK Select High Income-A | (-)59.7% | (-)46.1% |
| RHIIX | RMK Select High Income-I | (-)59.6% | (-)46.0% |
| RIBCX | RMK Select Intermediate Bond Fund-C | (-)50.6% | (-)66.6% |
| MKIBX | RMK Select Intermediate Bond Fund-A | (-)50.3% | (-)66.5% |
| RIBIX | RMK Select Intermediate Bond Fund-I | (-)50.1% | (-)66.5% |
* Information accurate as of July 1, 2008 (4:25 CST) c/o Morningstar.
Do you have a claim against Morgan Keegan?
If your loved one has suffered a significant financial loss as a result of aRegions Morgan Keegan investment, you may have a claim.
Please contact us today by filling out the brief questionnaire, or by calling our toll free number (1-800-898-2034) for a free, no-cost no-obligation evaluation of your case.