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How does Jordana Nelson's prior experience as a general counsel inform her work with firm clients? Read more>

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The M&A Advisor Winner 2017The M&A Advisor announced the winners of the 16th Annual M&A Advisor Awards on Monday, November 13 at the 2017 M&A Advisor Awards. Bass, Berry & Sims was named a winner in the two categories related to the following deals:

M&A Deal of the Year (from $1B-$5B) – Acquisition of CLARCOR Inc. by Parker Hannifin Corporation

Corporate/Strategic Deal of the Year (over $1B) – Acquisition of BNC Bancorp by Pinnacle Financial Partners

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Regulation A+

It seems that lately there has been a noticeable uptick in Regulation A+ activity, including several recent Reg A+ securities offerings where the stock now successfully trades on national exchanges. In light of this activity, we have published a set of FAQs about Regulation A+ securities offerings to help companies better understand this "mini-IPO" offering process, as well as pros and cons compared to a traditional underwritten IPO.

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Sixth Circuit Affirms Dismissal for Morgan Keegan & Co. in Case of First Impression

Client Type: Public Company

We represented Morgan Keegan & Co. in two cases brought by individual investors in certain Morgan Keegan Funds stemming from investment fund company losses in the wake of the global credit crisis. The United States Court of Appeals for the Sixth Circuit, in a case of first impression for it, ruled that the plaintiffs had waited too long to file suit and their claims were therefore barred by the three- and five-year statutes of repose under the Securities Act of 1933 and the Securities Exchange Act of 1934, respectively. The decision contributed to a circuit split over the issue of whether a securities plaintiff can rely on a pending class action to toll a repose period, which recently came before the Supreme Court.
The cases are Stein v. Regions Morgan Keegan Select High Income Fund Inc. and Starnes v. Regions Morgan Keegan Select High Income Fund Inc., case numbers 15-5903 and 15-5905, in the U.S. Court of Appeals for the Sixth Circuit.

The case was covered by various media outlets, including:

Morgan Keegan (formerly NYSE: MOR) was a national broker-dealer institution. In April 2012, Morgan Keegan & Co was acquired by Raymond James Financial.

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