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6th Circ. Backs Dismissal Of Morgan Keegan Fraud Action

By Pete Brush (September 8, 2011, 6:10 PM EDT) -- The Sixth Circuit on Thursday upheld the dismissal of a fraud class action brought against Morgan Keegan and Co. Inc., ruling the Securities Litigation Uniform Standards Act bars investors' claims over mutual funds that tanked in the 2007 credit crunch....

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