Morgan Keegan Arbitration Lawyers are Still Reviewing New Cases

Carl Saiontz

By Carl Saiontz
Posted November 10, 2008

ADD YOUR COMMENTS

The Morgan Keegan lawyers at Saiontz & Kirk, P.A., have been reviewing potential arbitration claims for investors who lost money in several RMK Bond Funds since January 2008. New cases are still being reviewed for investors who have lost over $10,000.00 off of their initial investment.

The first Morgan Keegan arbitration hearings have already been heard, and hundreds of other claims filed against the regional brokerage firm are scheduled for hearings later this year and early next year. However, investors who have not taken steps to protect their right to recover the investment losses caused by Morgan Keegan’s failure to disclose the risks associated with several bond mutual funds, can still present their cases.

According to an article published yesterday by Investment News, which is a publication for financial advisors, the ultimate number of Morgan Keegan arbitration claims that will be filed is likely to be between 1,000 and 1,500, with potential damages exceeding $200 million.

Our lawyers are pursuing Morgan Keegan arbitration claims for investors who suffered losses in excess of $10,000 as a result of any of the following bond funds:

  • Regions Morgan Keegan High Income Fund (RMH)
  • Regions Morgan Keegan Multi-Sector High Income Fund (RHY)
  • Regions Morgan Keegan Advantage Income Fund (RMA)
  • Regions Morgan Keegan Strategic Income Fund (RSF)
  • Regions Morgan Keegan Select High Income-C, A or I (RHICX, MKHIX, RHIIX)
  • Regions Morgan Keegan Select Intermediate Bond Fund-C, A or I (RIBCX, MKIBX, RIBIX)

It is not too late to take steps to protect your right to recover financial losses. To speak with one of our Morgan Keegan arbitration lawyers, request a free consultation and claim evaluation.

No Comments • Add Your Comments

Add Your Comments

  • Have Your Comments Reviewed by a Lawyer

    Provide contact information below and additional private comments if you want an attorney to contact you to review a potential case.

    The information below will not be published to this page.

  • NOTE: Providing information for review by an attorney does not form an attorney-client relationship.

  • This field is for validation purposes and should be left unchanged.