Morgan Keegan Wins 2, Loses 2 -- Two Investors Receive Awards in Fund Losses
The Commercial Appeal (2007-Current) › November 14, 2008
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Summary
Results of arbitration claims made by investors over losses in Morgan Keegan & Co. mutual funds have started to come in, with customers getting awards in two of four cases posted by regulators.
In the most recent decision, Aubrey and Martha Wright of Georgia were awarded $90,052 as compensation for losses they claimed in four RMK mutual funds.See the full content of this document
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Morgan Keegan Wins 2, Loses 2 -- Two Investors Receive Awards in Fund Losses
The Wrights had sought more than $109,000 in compensatory damages and a like amount for punitive damages.
Earlier, arbitrators awarded $15,00...See the full content of this document
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