IN RE: Morgan Keegan Open-End Mutual Fund Litigation

  1. January 22, 2015

    Regions Coughs Up $125M to End Suits Over Funds' Collapse

    Regions Financial Corp. agreed to pay $125 million to end both a putative class action and shareholder derivative suit alleging it mismanaged three open-end mutual funds that tanked in 2007, according to a Tennessee federal court filing on Thursday.

  2. December 13, 2007

    Morgan Keegan Targeted In Subprime Suit

    A Tennessee asset management company has become the latest firm to be stung by the subprime mortgage crisis, after a group of investors filed a lawsuit against the company alleging breach of fiduciary duty relating to two mutual funds.