Morgan Keegan (Regions Financial Corp.) continues to contest dozens of lawsuits and an untold number of out-of-court settlements with investors who claim the company gave them bad advice, understating risks of funds leading into the Great Recession. The Commercial Appeal reports.
Wednesday, June 03, 2009
Caveat Investor: Morgan Keegan update
Morgan Keegan (Regions Financial Corp.) continues to contest dozens of lawsuits and an untold number of out-of-court settlements with investors who claim the company gave them bad advice, understating risks of funds leading into the Great Recession. The Commercial Appeal reports.
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