July 02, 2014
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.
October 13, 2011
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.