Securities Lawyers Brace for Subprime Crisis Fallout
January 10, 2008
The Indianapolis Star
John Ketzenberger
Fishers securities attorney Mark Maddox calls them “come-to-Jesus” moments – the time when an investment adviser realizes he has to tell a client his portfolio’s gone to hell. There are a lot of portfolios – held by non-profits, governments and companies – with bonds backed by subprime mortgages. With the burst housing bubble and subprime […]
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Morgan Keegan Settles With Indiana Charity for Undisclosed Amount
January 2, 2008
Memphis Daily News
Andy Meek
The Memphis brokerage firm that oversees a group of struggling mutual funds has settled an arbitration claim filed against one of them. The RMK funds saw much of their value wiped out in 2007’s credit crisis. Terms of the settlement between Morgan Keegan & Co. and the Indiana Children’s Wish Fund, a group that grants […]
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Top local business stories of 2007: For sapped local investors, a dark year
December 27, 2007
San Luis Obispo Tribune
This is one of The Tribune’s Top 10 local business stories of 2007. The topics were chosen and ranked by The Tribune’s business staff. Today at No. 6, a story about local investors losing millions of dollars in an equity fund. The No. 5 story was incorrectly published Wednesday. For some San Luis Obispo County […]
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RMK Funds Have Legal Wheels Rolling
December 17, 2007
Memphis Daily News
Andy Meek
At the four law firms across the U.S. where attorneys are jointly investigating the recent management and performance of several Regions Morgan Keegan mutual funds, the phones ring just about every day. Calls are coming in from investors who have lost millions of dollars in the battered funds. And attorneys with the four-firm legal team […]
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Lawsuits Imminent on Behalf of RMK Investors
December 12, 2007
Memphis Daily News
Andy Meek
Lawyers from four firms across the U.S. are working together to investigate the management and performance of several Regions Morgan Keegan mutual funds. As a result of that investigation, as many as a dozen complaints are expected to be filed in the near future on behalf of investors who’ve seen the value of their investments […]
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