Over 1,000 investors have filed FINRA arbitration cases against Morgan Keegan to recover losses suffered in a number of bond funds managed by the regional brokerage firm, some of which have lost up to 95% of their value since mid-2007. According to Investment News, Morgan Keegan could ultimately end up paying over $200 million to resolve these cases. Continued
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Morgan Keegan Arbitration Award for Over 75% of Mutual Fund Losses
In what is believed to be the first Morgan Keegan arbitration award for losses associated with the crash of the subprime mortgage market last year, an individual investor will recover over 75% of his claimed mutual fund losses. Continued
