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Mutual Fund Losses Legal News Articles & Interviews

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Morgan Keegan Faces Mutual Fund Lawsuits

Morgan Keegan Faces Mutual Fund Lawsuits December 30, 2011. By Heidi Turner.
Memphis, TN Morgan Keegan reportedly faces mutual fund lawsuits worth more than $1 billion, which could be a factor in the financial firm not being sold. According to The Commercial Appeal (12/01/11), Morgan Keegan mutual fund lawsuits involve mutual fund losses in eight failed funds. Although the firm is for sale, buyers could reportedly be put off of Morgan Keegan because of costly legal battles.
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Mutual Fund Losses Can Result in Fee Hikes

Mutual Fund Losses Can Result in Fee Hikes April 16, 2009. By Heidi Turner.
Baltimore, MD The good news is that you still have some money in mutual funds, otherwise there would be no way for your fees to go up. The bad news is that not only have you suffered mutual fund losses, you may wind up paying even more in fees than you have already, according to some mutual fund experts. While there is little you can do about mutual fund fees, you may be protected against some losses. Mutual fund ERISA law protects you against losses incurred as a result of negligence or breach of fiduciary duty.
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Recovering Your Mutual Fund Losses

Recovering Your Mutual Fund Losses April 7, 2009. By Heidi Turner.
Boston, MA So, you have just received word that your mutual fund losses are staggering. Your fund manager either did not recognize that there were problems with the fund, or did recognize problems but failed to act quickly enough to protect you from further declines in your mutual funds. Luckily, you can count on mutual fund ERISA regulations to help protect your money when your mutual fund manager did not.
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Mutual Fund Losses Can Be Recovered With Help from an Attorney

Mutual Fund Losses Can Be Recovered With Help from an Attorney March 25, 2009. By Gordon Gibb.
New York, NY When you're invested in mutual funds and suffer mutual fund losses, such a loss is usually devastating to the average investor. Few are the investors who do it for sport. Most do it out of desperation to fund a retirement, or as a means to send the kids to college. With traditional retirement plans now virtually a thing of the past, Americans have been called upon to fund their own retirement.
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Mutual Funds: When Investing and Gambling Are Too Close For Comfort

Mutual Funds: When Investing and Gambling Are Too Close For Comfort March 19, 2009. By Heidi Turner.
Tacoma, WA You probably did not realize that investing in mutual funds was so similar to gambling until you suffered serious mutual fund losses. You were probably told that investing in mutual funds was a smart move—that they were safe and secure. Unfortunately, you learned too late that not only is investing like gambling, in some cases mutual funds are directly linked to gambling. Luckily, mutual fund ERISA laws can help you to protect your investment.
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Mutual Fund Managers Gambling With Your Money

Mutual Fund Managers Gambling With Your Money March 6, 2009. By Heidi Turner.
Tacoma, WA You are a smart cookie when it comes to investing your money in mutual funds. You know that there are both ethical and unethical companies and you know that there are good and bad investments. You put your money in a mutual fund because you have been told that mutual funds. are a solid investment. You trust that the mutual fund manager will make the right investment decisions, lessening your risk of mutual fund losses. You would never dream that your money could be invested in a company involved in blatant violation of US law.
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Mutual Funds Enough of a Gamble, Without Gambling...

Mutual Funds Enough of a Gamble, Without Gambling... February 26, 2009. By Gordon Gibb.
New York, NY Investing in mutual funds is enough of a gamble in itself, without the added stress of wondering just what kind of illegal activity your fund is investing in. And yet, even beyond the horrors of the current bear market are mutual fund losses exacerbated by illegal activity--and mutual fund ERISA comes into play.
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Gambling With Your Mutual Funds

Gambling With Your Mutual Funds February 17, 2009. By Heidi Turner.
Chicago, IL So, you thought you were doing the smart thing by investing in mutual funds. You thought you were saving for your retirement or putting some money away for your children. But you did not realize that your mutual funds were invested in companies involved in illegal activity—at least, you did not realize it until the illegal activity was uncovered and you experienced dramatic mutual fund losses. Now, it may be too late to recover your losses through your investment, but it's not too late to consider a lawsuit.
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Mutual Funds Losses Linked to Internet Gambling

Mutual Funds Losses Linked to Internet Gambling February 5, 2009. By Heidi Turner.
New York, NY It is one thing to suffer mutual fund losses when the economy has taken a downturn and everyone is in the same boat. However, it is another situation entirely when your mutual fund loses money because it was invested in companies that were involved in illegal activity. Unfortunately, this sort of thing happens—some mutual funds invested in shady companies, and when regulators shut the operations down, the mutual fund investors lose big time.
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Mutual Fund Losses? There is Hope…

Mutual Fund Losses? There is Hope… January 28, 2009. By Gordon Gibb.
New York, NY The mutual fund losses are staggering. There can be no other word for the plummeting of portfolio values suffered by investors, some of whom are speculators—but most of whom are your average, hard-working everyday American slugging it out to put food on the table and a roof over the head.
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