Suspected Brokerage & Stock Fraud

Representing Investors Nationwide

Morgan Keegan & Co, one of the most trusted names in investment banking, bartered that trust to sell misrepresented bonds, mutual funds, and other investments that had a level of risk far above and beyond that disclosed to clients.  This company utilized bad risk mortgages, known as Collateralized Mortgage Obligations or Collateralized Debt Obligations, with high exposure to sub-prime loans, as a major portion of several of its supposedly premium funds, such as the Morgan Keegan Select Intermediate Bond Fund and the Morgan Keegan Select High Income Fund.  As a result, when the recent mortgage market collapsed, these funds fell by 50 % or more in value, leaving many investors seeing huge losses and not knowing why.

If you’ve suffered losses due to the purchase of these bond funds and would like to have a free case evaluation, email our stock broker fraud attorneys today.