high risk Tagged Articles

Financial columnist fills RMK stocking with coal

Posted: December 15, 2008 Consumer Fraud

Chuck Jaffe, a senior columnist for MarketWatch, put Regions Morgan Keegan on his 13th annual Lump of Coal Awards list, which points out those companies and individuals who he believes should be on Santa’s “naughty” list in the world of

Baseball hero, sportscaster McCarver lost funds to RMK investments

Posted: November 26, 2008 Consumer Fraud

The New York Post reported an exclusive item on Sunday, saying former Major League Baseball catcher and current sports broadcaster Tim McCarver has entered an arbitration case against Morgan Keegan & Co. for losses totaling about $1 million.

RMK lawsuits may be consolidated in Tennessee

Posted: September 30, 2008 Consumer Fraud

The Daily News, which covers Memphis, reported yesterday that class action cases against Regions Morgan Keegan (RMK) pending in U.S. District Court for the Western District of Tennessee may be consolidated under U.S. District Judge Hardy Mays. The paper reports

New MK fund managers tight-lipped

Posted: September 8, 2008 Consumer Fraud

On Aug. 18, we reported that Regions Morgan Keegan had shifted management of its seven failed investment funds to Hyperion Brookfield Asset Management company. This week, a report in the Memphis Commercial Appeal said the new managers have begun reworking

CountryMark Losses

Posted: June 2, 2008 Consumer Fraud

In February, the Indianapolis Business Journal reported one of its locally based companies, CountryMark Cooperative, was joining the lawsuit against Morgan Keegan, which it says fraudulently invested funds in high-risk mortgaged-based securities. CountryMark alleges misrepresentation of funds, saying Morgan Keegan