6th Circ. Says Morgan Keegan Investors Can't Pause Clock

By Jody Godoy (May 19, 2016, 9:55 PM EDT) -- The Sixth Circuit ruled on Thursday that investors had been too slow to sue Regions Financial Corp. investment advisers over allegedly dicey Morgan Keegan asset-backed mutual funds, saying federal securities laws' repose deadlines can't be paused — deepening a circuit split....

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