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Fishman et al v. Morgan Keegan & Company, Inc.
Case Number:
2:10-cv-00002
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July 02, 2014
5th Circ. Frees Morgan Keegan From ARS Suit
The Fifth Circuit on Tuesday affirmed a lower court's decision to toss claims by investors who alleged Morgan Keegan & Co. Inc. conned them into buying auction rate securities billed as safe, saying their appeal raised objections not argued in district court.
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October 13, 2011
Morgan Keegan Beats Back Investor Suit Over ARS Risks
A Louisiana federal judge rejected claims Thursday that Morgan Keegan & Co. Inc. conned investors into buying auction rate securities by billing them as safe and liquid investments similar to money market funds.