Morgan Keegan Wins 8 Fund Cases, Loses 6 -- Investors Dispute Firm's Report, Say Some Claims Settled, Thus Not in Public Record

Summary


Morgan Keegan & Co. , battling scores of investors who lost up to 90 percent of their money in collapsed mutual funds, won eight arbitration cases and lost six during May.

But the 14 decisions involving the Memphis investment firm reflect the scale of the fallout from the failure of seven former Regions Morgan Keegan and RMK funds.

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Morgan Keegan Wins 8 Fund Cases, Loses 6 -- Investors Dispute Firm's Report, Say Some Claims Settled, Thus Not in Public Record

Morgan Keegan alone accounted for nearly 16 percent of the 89 arbitration decisions announced in May by the Financial Institution Regulatory Authority.

The company on Thursday posted information on its Web site he...

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