Morgan Keegan Bond Funds

Plaintiffs' Personal Injury Law Firm

Morgan Keegan, an investment brokerage firm located in Memphis Tennessee, misled investors and acted inappropriately in the management of ten bond funds which include:

  • Regions Morgan Keegan Select Intermediate Bond Fund - A, symbol: MKIBX
  • Regions Morgan Keegan Select Intermediate Bond Fund - C, symbol: RIBCX
  • Regions Morgan Keegan Select Intermediate Bond Fund - I, symbol: RIBIX
  • Regions Morgan Keegan Select High Income - A, Symbol: MKHIX
  • Regions Morgan Keegan Select High Income - C, Symbol: RHICX
  • Regions Morgan Keegan Select High Income - I, Symbol: RHIIX
  • RMK High Income Fund - RMH
  • RMK Strategic Income Fund - RSF
  • RMK Multi-Sector High Income Fund - RHY
  • RMK Advantage Income Fund - RMA

These funds invested a substantial portion of their assets in high-risk, collateralized securities, such as subprime mortgage loans and other illiquid securities. The RMK losses were not caused by a downturn in the economy but instead were caused by improper fund management, which placed investors in a vulnerable position.

Napoli Bern Ripka LLP, has filed numerous FINRA arbitrations on behalf of their clients. If you purchased any of these funds at the advice of a broker please contact us. We can help.

  

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