January 29, 2011. By Heidi Turner.
New York, NY Investors who put their money in certain RMK funds, including the RMK High Income Fund, say they were surprised when their investment lost a lot of its value. In some cases, certain Regions Morgan Keegan funds lost up to 65 percent of their value, leaving investors with little of their hard-earned money. Now, those investors are filing arbitration claims against Regions Morgan Keegan to recover money that was lost when the RMK funds dropped so drastically in value.
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Attorney: Reasonable Investor Would Not Have Expected Dramatic RMK Fund Losses ]
