The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Morgan Keegan Pays Another $25K in Arbitration Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 29, 2009

Morgan Keegan Pays Another $25K in Arbitration

Reported by Neil Anderson, Managing Editor

Morgan Keegan has to pay out another $25,000 in arbitration, this time thanks to a high yield fund. On Monday James A. Dunlap Jr. & Associates revealed that the brokerage has to pay the damages and fees, thanks to the Morgan Keegan Select High Income Fund, now called the Helios Select High Income Fund.

Morgan already passed management of its bond funds to Hyperion last year. And earlier this year, Morgan Keegan's parent, Regions Financial, agreed to sell 11 RMK Select Funds to Pioneer.

This isn't Morgan Keegan's only arbitration loss lately. Earlier this month, retired NBA star Horace Grant won a $1.46 million arbitration award due to four other Morgan Keegan funds. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use