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The Law Firm of James A. Dunlap Jr. & Associates LLC Files Arbitration Claims Against Morgan Keegan

09-18-2008 04:55 PM CET | Politics, Law & Society

Press release from: James A. Dunlap Jr. & Associates LLC

The Securities Law Firm of James A. Dunlap Jr. & Associates LLC, P.A. (jamesdunlaplaw.com) announced that it filed an arbitration claim against Morgan Keegan and Regions Financial Corp., with the Financial Industry Regulatory Authority's ("FINRA'') Office of Dispute Resolution. The claims were filed for losses sustained in the Regions Morgan Keegan Bond Funds (NASDAQ:MKHIX, MKIBX and RHY).

According to the Statements 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 Claims alleges that Morgan Keegan violated Rule 10b-5 of the Securities Exchange Act of 1934, as well as the applicable state securities act, as a result of the firm's misrepresentations and omissions in connection with its sale of the securities to the Claimant.

James A. Dunlap Jr. & Associates LLC continues to file arbitration claims on behalf of aggrieved investors of the Regions Morgan Keegan Bond Funds from across the country. The arbitration claims involve losses in the following Morgan Keegan Bond Funds:

Ticker Bond Fund
------ ----------
RMH RMK High Income Fund
RHY RMK Multi-Sector High Income Fund
RMA RMK Advantage Income Fund
RSF RMK Strategic Income Fund
RHICX Regions MK Select High Income-C
MKHIX Regions MK Select High Income-A
RHIIX Regions MK Select High Income-I
RIBCX Regions MK Select Intermediate Bond Fund-C
MKIBX Regions MK Select Intermediate Bond Fund-A
RIBIX Regions MK Select Intermediate Bond Fund-I

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. By participating in a class action lawsuit, an investor will most likely recover only pennies on the dollar. However, if one has experienced losses of $10,000 or more in the Morgan Keegan Bond Funds, it may be more beneficial for them to file an individual securities arbitration claim.

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. You may visit the firm’s web site at http://www.jamesdunlaplaw.com.

James A. Dunlap Jr. & Associates LLC is a law firm and principal and founder James A. Dunlap Jr. has represented investors since 1988.

Source: James A. Dunlap Jr. & Associates LLC

James A. Dunlap Jr. & Associates LLC is an investor-focused firm. We represent investors both in arbitration and court proceedings.

* Sub-Prime Mortgage & Collateralized Debt Obligation Problems
* Unsuitability
* Breach of Fiduciary Duty
* Misrepresentation & Omission
* Over-Concentration
* Failure to Follow Directions
* Selling Away
* Mutual Fund Revenue Sharing
* Mutual Fund Fraud
* Unauthorized Trading
* Churning
* Margin Issues

James A. Dunlap Jr. & Associates LLC
30 Allen Plaza, Suite 700
30 Ivan Allen Jr. Blvd.
Atlanta, Georgia 30308
Phone: 404-354-2363
Fax: 404-745-0195
jim@jamesdunlaplaw.com
Contact: James A. Dunlap Jr. ("Jim")

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