Atlanta, GA (PRWEB) September 19, 2008
According to the Statement of Claim, the Claimants lost money in the Morgan Keegan Funds due to Morgan Keegan's false and misleading statements about the Fund's risk tolerance and asset allocation, as well as the lack of diversification. Further, the Claim alleges violations of Rule 10b-5 of the Securities Exchange Act of 1934, the Pennsylvania securities act, as a result of the firm's misrepresentations and omissions in connection with its sale of the fund.
James A. Dunlap Jr. & Associates LLC continues to file arbitration claims on behalf of iinvestors of the Regions Morgan Keegan Bond Funds from across the country. The arbitration claims involve losses in the following Morgan Keegan Bond Funds:
RMK High Income Fund
RMK Multi-Sector High Income Fund
RMK Advantage Income Fund
RMK Strategic Income Fund
Regions MK Select High Income-C
Regions MK Select High Income-A
Regions MK Select High Income-I
Regions MK Select Intermediate Bond Fund-C
Regions MK Select Intermediate Bond Fund-A
Regions MK Select Intermediate Bond Fund-I
Specific information about the Morgan Keegan fund claims can be reviewed at http://www.jamesdunlaplaw.com/cms.php?id=36.
James A. Dunlap Jr. & Associates LLC urges investors to consider the benefits of filing an individual arbitration claim versus participating in a class action lawsuit. Investors who participate in class actions often recover only a small fraction of their claim, whereas those pursuing an arbitration claim may recover substantially more. Further, unlike a class action, an arbitration claim allows you to: (1) choose your own lawyer; (2) present the unique facts of your case to an arbitration panel; (3) control the decision whether to settle your case and for how much; and (4) secure a result within approximately twelve months, as opposed to potentially years with a class action.
If you lost $10,000 or more in the Morgan Keegan Bond Funds, please contact James A. Dunlap Jr., Esquire, of James A. Dunlap Jr. & Associates LLC at 404-354-2363, for a free consultation.
James A. Dunlap Jr. & Associates LLC is a law firm. Principal and founder James A. Dunlap Jr. has represented investors since 1988.