December 13, 2007
Morgan Keegan Sued over Mutual Fund Losses
Mutual fund investors filed a federal class action in Tennessee against Morgan Keegan Asset Management, charging that it misrepresented the securities in the portfolios of two funds, an intermediate bond fund and a high income fund. Both funds have lost about one-half their value this year. WSJ, Morgan Keegan Sued Over Mutual-Fund Woes.
TrackBack URL for this entry:
Listed below are links to weblogs that reference Morgan Keegan Sued over Mutual Fund Losses: