According to the investmentnews.com “The U.S Court of Appeals for the Sixth Circuit late last week upheld the dismissal of a class action fraud lawsuit that was filed by investors against investment bank Morgan Keegan & Co.” The claim, originating in Tennessee, was in regards to seven investment funds that were managed by Morgan Keegan [...]
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm is dedicated to assisting investors who have suffered investment losses as a result of their financial advisor or broker-dealers’ fraud or negligence. We are currently [...]
In proceedings filed by the Securities and Exchange Commission and the Financial Industry Regulatory Authority, known as FINRA (f/k/a the NASD), Morgan Keegan was accused of misleading brokers and customers through marketing materials that did not disclose the risks being taken by a group of funds sold only to Morgan Keegan clients. In addition, the [...]