RMK Bond Fund Losses

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New York, NY: During the past two years a large number of cases have been filed against Morgan Keegan involving Regions Morgan Keegan RMK Bond Funds. RMK Funds suffered from enormous losses during 2007 as a result of the risky investments held by the Funds.

Specifically, the RMK Funds, issued by Morgan Keegan & Co, were marketed and recommended as safe investments for low risk investors. However, the RMK Funds misrepresented the fact that funds held risky mortgage-backed securities. Consequently, investors who held RMK Funds suffered significant losses.

Examples of RMK Bond Funds that have reportedly suffered losses as of year-to-date returns as of 12/31/07 include:

RMHRMK High Income Fund (-65.53%), RHYRMK Multi-Sector High Income Fund (-65.09%), RMARMK Advantage Income Fund (-66.68%), RSFRMK Strategic Income Fund (-66.92%), RHICXRegions MK Select High Income-C (-59.95%), MKHIXRegions MK Select High Income-A (-59.74%), RHIIXRegions MK Select High Income-I (-59.64%), RIBCXRegions MK Select Intermediate Bond Fund-C (-50.54%), MKIBXRegions MK Select Intermediate Bond Fund-A (-50.30%), and RIBIX Regions MK Select Intermediate Bond Fund-I (-50.07%).

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Investors who believe that they may have a valid claim arising out of losses incurred through RMK Bond Funds, please click the link below and your complaint may be sent to a lawyer who will evaluate your claim at no cost or obligation

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Last updated on Mar-9-11

ARTICLES AND INTERVIEWS

Morgan Keegan Under Fire for Feeding Madoff Funds

New York, NY: Morgan Keegan has come under fire by a Financial Industry Regulatory Authority (FINRA) arbitration panel, for what it termed "gross negligence:" Morgan Keegan had invested all $200,000 belonging to Jeffrey and Marisel Lieberman into a Fairfield Greenwich Group fund –which invested all its funds with Bernard Madoff.
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