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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%)
RIBIX Regions MK Select Intermediate Bond Fund-I (-50.07%)

Legal Help

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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RMK BOND LOSSES LEGAL ARTICLES AND INTERVIEWS

Morgan Keegan Under Fire for Feeding Madoff Funds
Morgan Keegan Under Fire for Feeding Madoff Funds
March 9, 2011
New York, NYMorgan 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 READ MORE

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